[lbo-talk] devolution

SA s11131978 at gmail.com
Mon Jan 5 07:09:52 PST 2009


Doug Henwood wrote:


> Bad news...this is just pissing the money away.

This is why the whole idea of post-ideological progressivism is bankrupt even on its own terms. The Republicans have an ideology that can explain why tax cuts are better than spending as a matter of principle. (It's your money, etc.) The New Pwog Movement has nothing like that to explain why spending is better than tax cuts. They're terrified by the very idea of enunciating one. When the other side has an argument and you don't, you lose - even when you hold the White House, 59 Senate seats, and a big majority in the House.

SA


>
>> NEWS ALERT
>> from The Wall Street Journal
>>
>>
>> Jan. 4, 2009
>>
>> President-elect Barack Obama and congressional Democrats are crafting
>> a plan to offer as much as $310 billion in tax cuts to individuals
>> and businesses, a move aimed at attracting Republican support for an
>> economic-stimulus package and prodding companies to create jobs.
>>
>> The size of the proposed tax cuts -- which would account for about
>> 40% of a stimulus package that could reach $775 billion over two
>> years -- is greater than many on both sides of the aisle in Congress
>> had anticipated, and may make it easier to win over Republicans who
>> have stressed that any initiative should rely relatively heavily on
>> tax cuts rather than spending.
>>
>> http://online.wsj.com?mod=djemalertNEWS
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