Saturday, February 07, 2009

Quote of the Day II: Krugman on the Senate centrists and the stimulus bill

By Michael J.W. Stickings

"[T]o appease the centrists, a plan that was already too small and too focused on ineffective tax cuts has been made significantly smaller, and even more focused on tax cuts."

-- Paul Krugman

Way to go, Dems, way to go. The Republicans and the media deserve much of the blame, but, with the president and control of both houses of Congress, this is what you've come up with, this is what you've agreed to, this is what you think will pull the economy back from the brink of the abyss and help the American people get through this historic crisis?

Now the centrists have shaved off $86 billion in spending -- much of it among the most effective and most needed parts of the plan... My first cut says that the changes to the Senate bill will ensure that we have at least 600,000 fewer Americans employed over the next two years.

Terrible, terrible, terrible.

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