Wednesday 22 June 2011

The Endgame on the Debt Ceiling

Dean Baker, Huffington Post
As we know, President Obama and his team do not appear to be very effective negotiators when it comes to dealing with the Republicans in Congress. Last December, the Republicans forced the president to renew the Bush tax cuts for the rich. More recently, they got him to make $38 billion in cuts to the 2011 budget even though all his economists know that the economy actually needs more stimulus, which more means spending.Since the president is having so much trouble dealing with the Republicans the rest of us should lend him a hand. One way we can do this is by etching out what the...

Source: http://www.realclearpolitics.com/2011/06/21/the_endgame_on_the_debt_ceiling_257858.html

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