Here is an interesting article.
http://www.newyorker.com/online/blogs/h ... obama.html"...This “we” of Friedman’s, the “we” that more or less shares that three-point agenda, includes, besides Friedman himself, President Obama, the vast bulk of Democratic senators and representatives, and the great majority of economists not employed by the Heritage Foundation. It emphatically does not include the “Tea Party” right and its cowed auxiliary, the Republican Party.
The members of this group believe (or claim to believe) that “short-term jobs stimulus” is wrong in principle, does not work in practice, has already been tried, and has been shown to make things worse, not better. They believe that federal spending should be cut right now, especially spending on things that inject money directly into the economic bloodstream—things like extending support for the unemployed, giving aid to the states so they don’t have to fire cops and teachers, and employing construction workers on projects that don’t require shovels, such as repairing schoolhouses. They believe that poor people are undertaxed: in their view, it’s outrageous that the poorest of the working poor don’t pay income tax. Of course, Republicans might be willing to “compromise” by agreeing to cut taxes on the rich. That’s the one thing they’re always willing to do, no matter what the condition of the economy.
Obama has proved over and over, as in the debt-limit horror show, that he is willing—all too willing—to compromise. The Republicans have proved that they are not. They are re-proving it at the moment by again threatening a government shutdown, this time by holding disaster relief hostage."
This section is from somewhere near the middle...
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