The economy isn't like an individual family that earns a certain amount
and spends some other amount, with no relationship between the two. My
spending is your income and your spending is my income. If we both slash
spending, both of our incomes fall.
Before you give heed to Republican criticisms of how "the President has failed America," read this article by Paul Krugman.
A year ago President Obama proposed boosting the economy with a combination of tax cuts and spending increases, aimed in particular at sustaining state and local government employment. ... The Jobs ...
We know, or I think we know, that a single-payer system -- in which the
government collects taxes, and uses the revenue to provide health insurance --
would be constitutional. I mean, I don't think the court is ...
I love the way Paul Krugman
articulates the realities of our government:
President Obama has tried -- desperately, and far beyond the point at which
it made any kind of sense -- to reach out across the partisan divide.
...And his reward for all that is that Mitt Romney
describes him as ...