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Politics : View from the Center and Left

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To: Lane3 who wrote (90026)	10/14/2008 7:32:19 PM
From: Mary Cluney	Read Replies (1) of 542015

<<<One the one side, liberals will argue (are already arguing) that it was deregulation and trickle-down economic policies that led us to this crisis. Fears of fiscal insolvency are overblown. Democrats should use their control of government and the economic crisis as a once-in-a-lifetime chance to make some overdue changes. Liberals will make a full-bore push for European-style economic policies. On the other hand, the remaining moderates will argue that it was excess and debt that created this economic crisis. They will argue (are arguing) that it is perfectly legitimate to increase the deficit with stimulus programs during a recession, but that these programs need to be carefully targeted and should sunset as the crisis passes. The moderates will stress that the country still faces a ruinous insolvency crisis caused by entitlement burdens.>>> Where is the logic in these two paragraphs? One the one side, liberals will argue (are already arguing) that it was deregulation and trickle-down economic policies that led us to this crisis. That is the liberal arguement, but how do you go from there to the next sentence. Fears of fiscal insolvency are overblown. Hold it right there. Give me a name. Who is saying that? He goes on to say: "Democrats should use their control of government and the economic crisis as a once-in-a-lifetime chance to make some overdue changes. Liberals will make a full-bore push for European-style economic policies." Wait another minute. The only person that is saying this is David Brooks - Trying to put fear into those that are undecided voting democrat. He has a way with words, but it is not truthful. He goes on to say: On the other hand, the remaining moderates will argue that it was excess and debt that created this economic crisis. But, we all agree on that. They will argue (are arguing) that it is perfectly legitimate to increase the deficit with stimulus programs during a recession, No one is sayin that. Give me a name. But they are saying that "there should be stimulus programs during a recession". But"that these programs need to be carefully targeted and should sunset as the crisis passes.". No democrat is sayng that we need to increase George Bush's deficit spending. Democrats know how to balance the budget. They have done it before - only eight years ago. Okay, maybe they won't be able to balance the budget under these circumstances, but they are not going to increase George Bush's deficit in percentage terms. David Brooks is just out and out not telling the truth. He is a liar.

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