. >> rose: we conclude with george stephanopolous of good morning erica on the political implications of the debt limitation talks. >> in the end, i think, even if the public, if we go in default, even if the pubc blames repuicans more the president bears more responsibility and has to deal with the consequences. >> rose: the economic consequences of the debt limit talks with george stephanopolous when we continue. funding is provided by the following: we can all root for.a hero who beats the odds and comes out on top. but this isn't just a hollywood storyline. it's happening every day, all across america. every time a storefront opens. or the midnight oil is burned. or when someone chases a dream, not just a dollar. they are small business owners. so if you wanna root for a real hero, support small business. shop small. caioning sponsored by rose communications from our studios in new york city, this is charlie rose. rose: lawrence summers is here. he is a charles elliot university professor at harvard where he was president of the university from 2001 to 2006. he has had a distingui