Tuesday, January 26, 2010

And If He Weren't Pandering

If President Obama had said that government money for infrastructure improvements would be expanded in his budget and benefits of various sorts would be increased to get past this terrible recession and provide jobs, instead of the spending freeze, if he had said that, then what would the Los Angeles Times editorial board, and others, have said?

Too much spending, they would have clucked. Look at all that populist rage out there, all the concern about this enormous debt. What will China say?

I think they have macros for this on their keyboards.

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