Obama Capitulates . . . Again
"Some Democrats expressed wariness about the emerging deal.
But it was clear that Republicans were happier with the results."
- NY Times
This statement comes from a report on the imminent tax deal. Why are the Republicans relatively happy? Because Obama has basically capitulated. The very rich folks are getting another gift, just in time for the Holidays. Regular people are getting that stash of coal. This is pathetic. But don't take my word for it; I recommend Ari Berman's remarks at The Nation and also those of Paul Krugman here at The New York Times.
But it was clear that Republicans were happier with the results."
- NY Times
This statement comes from a report on the imminent tax deal. Why are the Republicans relatively happy? Because Obama has basically capitulated. The very rich folks are getting another gift, just in time for the Holidays. Regular people are getting that stash of coal. This is pathetic. But don't take my word for it; I recommend Ari Berman's remarks at The Nation and also those of Paul Krugman here at The New York Times.
Labels: Obama, political economy
2 Comments:
How is is Obama capitulating when he advances policy that helps his benefactors? The two dominant U.S. political parties are the parties of capital after all, no?
Some lefties are worked up about the tea party wackos. I think we should be more worried about the democrats in office.
- peace
How is Obama capitulating when he advances policy that helps his benefactors? The two dominant U.S. political parties are the parties of capital after all, no?
Some lefties are worked up about the tea party wackos. I think we should be more worried about the democrats in office.
- peace
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