Robert Kuttner, Co-founder and co-editor, The American Prospect:
As the debt doomsday of August 2 draws closer, what sort of end-game can we imagine? The stakes are so high that President Obama can probably win this one without giving away the store. Nonetheless, Obama and his advisers, weirdly, believe that his stance as "the only grownup in the room" who forces his own party to abandon its core principles for the sake of an austerity program will somehow win the gratitude of voters struggling with declining incomes and rising joblessness. The unemployment may be stuck near ten percent, but good old Obama brokered a deal to balance the budget in 2021. So re-elect this man. On which planet is this?
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Monday, July 18, 2011
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