Monday, 1 August 2011

To Escape Chaos, a Terrible Deal

NYT Editorial
"There is little to like about the tentative agreement between Congressional leaders and the White House except that it happened at all. The deal would avert a catastrophic government default, immediately and probably through the end of 2012. The rest of it is a nearly complete capitulation to the hostage-taking demands of Republican extremists. It will hurt programs for the middle class and poor, and hinder an economic recovery. "

The Diminished President


The President Surrenders (PAUL KRUGMAN)

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