[lbo-talk] CBO on HR 1

John Gulick john_gulick at hotmail.com
Fri Feb 13 06:25:39 PST 2009


Wojtek wrote:

Very true... <and dozens of sentences to follow>

John writes:

Your post provides interesting food for thought.

But a minor objection to one point. In the present US context, "monopoly capital" and "right-wing populists" are far from allies. They may not even be in the same boat. The former defected in droves from the RP during this last election. The latter provided most of the theme music for opposing Obama's stimulus package. Had the Obama team vigorously brought on board sections of the former to support its spending proposal, monopoly capital might have discovered to its own surprise that it stood to benefit from it and helped Obama defeat the "populists." Now that woulda been an FDR move.

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