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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-22-10 12:40 PM
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"Republicans and the White House both seem determined to make the recession worse .... "

Saving Progressivism From Obama
by Robert Kuttner
November 22, 2010

Republicans and the White House both seem determined to make the recession worse by reducing the budget deficit long before the economy is in recovery. The deficit commission's two co-chairs have proposed that the cuts begin in October 2011, when unemployment is still expected to be at least nine percent. The economy needs a massive fiscal jolt, and instead is likely to get austerity.

So as President Obama gears up for a re-election battle in 2012, the economy is unlikely to be much different than the one that sank the Democrats in 2010. The question is whether Obama and the Democrats can change the national understanding of what caused the economic collapse and who is blocking the recovery.

In this enterprise, I don't have high expectations for Obama. I cannot recall a president who generated so much excitement as a candidate but who turned out to be such a political dud as chief executive. Nor do his actions since the election inspire confidence that he will be reborn as a fighter.

If politics continues on its present course, about the best one might expect for 2012 is that the Republicans will nominate such a nut-case that Obama will stagger to re-election. But unless he is re-elected with a mandate to carry out drastically different policies, we can anticipate continued economic pain and continuing drift of the electorate to the right.

Read the full article at:

http://www.commondreams.org/view/2010/11/22-5


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arbusto_baboso Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-22-10 12:42 PM
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1. But didn't you know?
Edited on Mon Nov-22-10 12:42 PM by arbusto_baboso
There's a "debt crisis" that MUST be dealt with immediately, and anything Keynesian - like suspending deficit reduction until economic recovery - is just madness, MADNESS I tell you! :sarcasm:
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katandmoon Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-22-10 12:50 PM
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2. K&R. There's nothing this White House can't and won't make worse.
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-22-10 12:54 PM
Response to Reply #2
4. Hellbent, aren't they?
x(
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katnapped Donating Member (938 posts) Send PM | Profile | Ignore Mon Nov-22-10 12:52 PM
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3. But but but
They must abolish Social Security and Medicare in the name of saving us from TERRISTS!

Now drop your pants and bend over!
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Poboy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-22-10 12:54 PM
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5. Traitor to the party and people who elected him. -nt
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stray cat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-22-10 01:00 PM
Response to Reply #5
7. have you looked at the party lately?
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-22-10 02:40 PM
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9. The "party" seems to be going along with Obama every step of the way during the first two years.
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stray cat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-22-10 12:59 PM
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6. because the democrats in congress are so great?
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librechik Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-22-10 01:03 PM
Response to Original message
8. This is just how it always goes. The rich hold out and demand austerity (for others)
Edited on Mon Nov-22-10 01:12 PM by librechik
then they do that and it fails. THEN the rich are at the end of their ropes and start to sluggishly cooperate. We have a few years of this madness until the breaking point, if history is an indicator.
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ladjf Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-22-10 03:01 PM
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10. That seems obvious. I understand the Republican's motives but
not Obama's. nt
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