Obama’s First Stand

Robert Reich: The President says a Republican proposal to extend the Bush tax cuts to everyone for two years is a “basis for conversation.” I hope this doesn’t mean another Obama cave-in.

Could Consume-atives Be Deficient?

taxes

Adam Eran: Consume-atives proclaim we should cut something but seldom propose anything specific. The plan is for bankruptcy court to sort that out, rather than making consume-atives a target for blame. “Take 10% off the top” is another, meaningless Republican proposal in recent budget negotiations. What does that mean, though? Let 10% of the prisoners out? Only treat 90% of the sewage?