Larry Summers, who stood in the way of a larger stimulus package, now admits it just wasn’t big enough.
When are people going to get off their hind legs and remind these politicians who they’re supposed to be working for?
This video doesn’t seem so extreme now, does it?
Eric Alterman on Obama’s budget strategy:
So long as Obama keeps playing small ball on a field of dreams imagined almost entirely on the drawing boards of Republican funders and consultants, he will be a great deal more beatable than he currently looks.
Oh, look. Social Security paid for Rep. Paul Ryan’s college!
One day as a 16 year old, Ryan came upon the lifeless body of his father. Paul Ryan, Sr. had died of a heart attack at age 55, leaving the Janesville Craig High School 10th grader, his three older brothers and sisters and his mother alone. It was Paul who told the family of his father’s death.
With his father’s passing, young Paul collected Social Security benefits until age 18, which he put away for college. To make ends meet, Paul’s mother returned to school to study interior design. His siblings were off at college. Ryan remembers this difficult time bringing him and his mother closer.
Within months, Paul’s maternal grandmother moved into the house. She suffered from Alzheimer’s, and it often fell on young Paul to care for her, including brushing and braiding her hair. Ryan credits his father’s death and the care of his grandmother as giving him first-hand experience as to how social service programs work.
Huh? It doesn’t have to make sense. Ryan simply makes things up as he goes along, like most Republicans.
Happened to Sen. Dick Durbin, who’s spouting all the right-wing talking points on Social Security? Couldn’t possibly stop spending all that money on bombs, could we, Dick?
And this wouldn’t have anything to do with you acting as a White House surrogate, would it? Of course not!
UPDATE: Dean Baker responds.
Even this Council on Foreign Relations paper concludes that capitalism is failing the middle class.
Babe, what took you so long?
While Ezra has his occasional moments, he’s now pretty much a classic case of media co-option. He gets so distracted by the details of policy that he far too often simply misses the larger point. Too bad.