Et tu, Roosevelt Institute?

Just... Ouch. Read the whole thing, all the way to the idea to securitize social services with "Impact Bonds." Lordy.

Last year, Corrente contributors helped organize, propagate, and live blog on a Fiscal Sustainability Counter-Conference (thanks, Bill) against Pete Peterson's Conference and for MMT, and on a shoe-string, too.

This year, The Roosevelt Institute, being funded, was well-equipped to oppose Peterson. They could, for instance, have put on their own conference, even if on a much bigger shoestring. Instead, they joined him. Any institution using the name "Roosevelt" shouldn't even be in the same area code with Peterson, let alone at the podium legitimizing his effort to loot what remains of my ability to retire with dignity.

UPDATE Just.... Ugh:

How we would cut America’s debt (WaPo)

Six think tanks will present their long-term fiscal plans at today’s Peterson Foundation summit. Only the Roosevelt Institute Campus Network’s Budget for a Millennial America draws on the ideas of young Americans to reduce the debt while investing in the future.

Phrases like "America's ____," are always a huge tell to ask cui bono. The "debt," even assuming that one accepts the frame, which I don't, is due to Bush's wars which Obama continued, Bush's tax cuts which Obama continued, and the bailouts, which Obama enabled, by whipping for them while the polls showed he was President presumptive, and then continued. The debt is in no sense whatever "America's debt." The elite shit the bed, but they want to make us sleep in it. And say, not to get all snarky about it, but how about good ideas, rather than young ideas? Otherwise, the careless reader could get the impression that the Roosevelt Institute was pimping a constituency to Peterson. Eh?