Yes, the legacy parties -- led in this case by Kent Gregg (D) and Judd Conrad (R) -- really are out to loot Social Security and Medicare*, by setting up a board to do the cuts so Congress doesn't have to vote on them.
And that includes both legacy parties. Krugman:
It was truly amazing the way last week’s employment report was hailed by many people as a sign that our troubles are over.
No, it wasn't.
Anyway, I thought it might be useful to create a sort of benchmark for the level of job growth that would really count as good news.
"Wars," plural, is an especially nice touch.
NOTE Can't win the midterms without military Keynesianism! And since the blue states subsidize military installations in the red states, military Keynesianism is a winner for both legacy parties! Read more about Headline of the century
I have a family member in cable cut-off mode who would welcome anything you could throw their way.
So, thanks if you can, and I know times are tough! No PayPal account is required to donate.
Yeah, I know cable cut-off is good. But they don't think of it that way.
NOTE This is not a desperate "OMG, I'm out of fuel and I'm losing my house!" post, thanks to your generosity. Read more about Xmas blegging post
Ian calls his shot for 2010 and the next few decades:
We’re going to hear a lot of triumphalism over the next year, because the economy is probably going to “recover” more strongly than many expect, not primarily because of the stimulus, but because of increased military spending. Military Keynesianism is the only type of Keynesianism both parties agree with...