Monday, March 9

Limp Dick


If this graph was not so horrifying it would be funny - straight from a New Yorker cartoon. I am having a rousing conversation with at least one of my conservative friends who already accuses: "he (Obama) has so far been a disaster for the economy, with ambition to wreck far more than just the financial sector." If only six weeks, what will we be after four years? Many of us liberals are also becoming concerned about the deficit spending but I agree with the President's broader agenda: correcting the extreme wealth imbalance that has occurred since Reagan and accelerated during Bush thanks in large part to the Bush tax cuts. Besides, what other option is there other then borrow and spend? Our backs against the wall. Most economists agree too including Nobel price winners Stiglitz and Krugman. The disingenousness of the Republican party strikes home repeatedly - they carp about the deficits yet wasted 2% GDP on Iraq which has produced no ROI; their spending on top of the war ran our deficit to trillions; Republicans voted without exception against the stimulus package and blow-hard Rush Limbaugh demands the Presidents failure, which is really the failure of America. So I ask: what do you call a Republican standing in the bread line? A Democrat.