What Insisting on Bi-Partisanship Gets You ~ Ineffectual Policy
". . . to appease the centrists, a plan that was already too small and too focused on ineffective tax cuts has been made significantly smaller, and even more focused on tax cuts. . . .So much for post-partisanship. So much for "change." So much for leadership from the Democrats in Congress and the White House.
The real question now is whether Obama will be able to come back for more once it’s clear that the plan is way inadequate. My guess is no. This is really, really bad." ~ Paul Krugman
Update (8 February): Today Krigman published this polished and somewhat expanded version of this earlier post in The Times. The punchline? "But how did this happen? I blame President Obama’s belief that he can transcend the partisan divide — a belief that warped his economic strategy." I have said it repeatedly here before - bi-partisanship is bad for policy and for democracy.