As Obama’s economic stimulus gets more and more watered down on all sides, kiss goodbye any chance it may have to do anything for the average joe.
Krugman rails in against the dilly-dallying in today’s NYT.
“But how did this happen? I blame President Obama’s belief that he can transcend the partisan divide — a belief that warped his economic strategy.
After all, many people expected Mr. Obama to come out with a really strong stimulus plan, reflecting both the economy’s dire straits and his own electoral mandate.
…And Mr. Obama got nothing in return for his bipartisan outreach….”
Glenn Greenwald also notes a disappointing development in the Extraordinary rendition controversy.