I think this is what they call “lowering expectations”:

From Paul “I’ve Got Nobel Prize & You Don’t” Krugman in the New York Times:

Even if the original Obama plan — around $800 billion in stimulus, buy cialis ed with a substantial fraction of that total given over to ineffective tax cuts — had been enacted, help it wouldn’t have been enough to fill the looming hole in the U.S. economy, which the Congressional Budget Office estimates will amount to $2.9 trillion over the next three years.

Yet the centrists did their best to make the plan weaker and worse.

By the way, do we really think the economy will never recover if Washington, D.C. doesn’t borrow a trillion dollars to give to their favorite constituencies, today, while sticking our children and their children with the bill?

1 comment February 9th, 2009