The Haves, and The Have Nots.
The nation's conversation on the Senate's contuning struggle to reach a consesus on President Obama's Giant Econmic Stimulus Package (along with the conversations and actions going on in the Senate to reach said conseus) is still in full swing. Here with a few words of his own on the matter is New York Times Op-Ed Columinst, and Nobel Peace Prize winning Economist Paul Krugman:
"A not-so-funny thing happened on the way to economic recovery. Over the last two weeks, what should have been a deadly serious debate about how to save an economy in desperate straits turned, instead, into hackneyed political theater, with Republicans spouting all the old clichés about wasteful government spending and the wonders of tax cuts.
It’s as if the dismal economic failure of the last eight years never happened — yet Democrats have, incredibly, been on the defensive. Even if a major stimulus bill does pass the Senate, there’s a real risk that important parts of the original plan, especially aid to state and local governments, will have been emasculated.
Somehow, Washington has lost any sense of what’s at stake — of the reality that we may well be falling into an economic abyss, and that if we do, it will be very hard to get out again..."
No comments:
Post a Comment