Washington Republicans, with their obstructionism and worship of austerity as the answer to all of our economic ills, are creating an opportunity for the Democrats to offer a more appealing alternative (if they’re not too lame or bought off to seize the initiative). By giving the country nothing to think about except budget cuts...
Tax Deal Will Normalize the Bush Era
Taken in isolation the “bipartisan” tax cut deal seems like a reasonable measure in the midst of a serious economic recession. But put in its wider political and economic context it is an unmitigated disaster. It’s a disaster because it is based on “supply-side” premises that Obama appears to have fully embraced. And it’s...
Read more »