Sunday, April 10, 2011

The Budget Crisis Next Time - NYTimes.com

The Budget Crisis Next Time - NYTimes.com
"The federal government survived the hostage crisis created by House Republicans, but emerged staggering from the deal struck Friday night. The compromises were damaging, the amount of money cut from a sickly economy was severe, and the image of Washington as a back-alley dogfighting garage will not soon fade.
...
Mr. Obama will speak this week about a plan to reduce the long-term deficit, and aides are already making it clear he will finally demand that taxes for the rich must go up. The fight next time will be rougher and the principles need to be stronger. The Democrats’ message must be far more convincing than it has been, and their counterattack against Republican irresponsibility far more powerful."

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