[lbo-talk] C. Romer and J. Bernstein: Job impact of the AARP

Carrol Cox cbcox at ilstu.edu
Sun Jan 11 09:01:31 PST 2009


Michael Pollak wrote:
>
> > http://otrans.3cdn.net/45593e8ecbd339d074_l3m6bt1te.pdf
>
> The terrible thing about this is that it seems to show that the business
> incentive tax cuts weren't put into this program to appease the
> Republicans. They were put in there because they really believe in them.

I have been saying for several yaars that DP actions (and the arguments of DP supporters) come not from timidity, not from opportunism, not from political stupidity, but from the core convictions of DP leadership and DP intellectuals. They are principled and courageous and willing to suffer electoral defeat rather than betray those principles.

Of course Summers (and Obama) believes it too.

Carrol



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