Obama shoots - he scores!
The stimulus package is a done deal, and relief will be coming to various sectors of our economy soon.
So why does it feel so unlike a victory, as Paul Krugman points out in today's NY Times??
The recent election was not just a volley in the table-tennis match of Right/left politics in America. It was evidence of a tectonic shift in the consciousness of our nation about what constitutes good governement, and what is indeed "voodoo," "snake oil," or as we like to call it here at GTL HQ, "pure bullshit."
We stand as a nation, hands soiled and blistered, fresh from burying the broken and discredited philosophy which was Ronald Reagan's legacy. "Reaganomics," also known as "supply-side" and "trickle-down" economic theory, lived a rock start's life: live fast, die young, and leave a good-looking corpse.
The ascent was spectacular, as the personal fortunes of the richest Americans will attest. But like all addictions, the greed of our business tycoons and their wealthy political puppets burned out in a blizzard of addict-lies, addict-recriminations, and addict-denial.
Today almost all of us understand that Reaganomics was a failure. Tax cuts for the rich and for big business do not result in wealth "trickling down." The average American stands woefully behind his or her grandparents in wages, job security, pension rights, and savings.
It's serious. Very serious.
Somebody forgot to tell the losing side.
The nation is flatlining.
Rush Limbaugh, the new spiritual and policy-making leader of the Republicans, hopes Obama fails in rescuing our nation. He and his cronies believe that the ticket to retaking power for the Right is to let the patient die on the table.
Just in case you were ever going to respect the Republican Party again, remember this moment.
GOP: Party before Country.
Friday, February 13, 2009
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