Oct 1st, 2011
Kevin Drum argues that the coming double dip will be wholly owned by the Tea Party and their sympathetic (or fearful) agents in the 112th Congress. The kicker:
"If we want them to, both monetary and fiscal policy can have plenty of bite left. Bottom line: If we plummet into a second recession, it will be solely the fault of fanatical conservatives in Congress who refuse for reasons both partisan and ideological to acknowledge that we can do something about this. It'll be the Tea Party Recession of 2011."
I think it's worse than Drum realizes. We're not dealing with a group that's simply opposed to changes in "fiscal and monetary policy" now. We're dealing with a collectively delusional cabal that is opposed to centralized intervention ever. Their meme of "not picking winners" has devolved into an unthinking scheme that ensures greater hardship for most Americans.
So, yeah. They own it.
Showing posts with label red meat. Show all posts
Showing posts with label red meat. Show all posts
Saturday, October 1, 2011
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