Tuesday, December 14, 2010

The Lost Middleclass

I thought the following paragraph was a minor jewel when it comes to explaining the political weirdness right now. It's from Peter Goodman at Huffpo
Was it not just a couple of weeks ago that The Conversation was all about the supposed five-alarm emergency of the federal budget deficit and the hellish consequences that surely awaited the continuation of profligate spending? Never mind. The political establishment decided to tack another $900 billion on the federal tab to stave off an apparently more dire crisis: the prospect that tax cuts lavished on people wealthy enough to worry about mooring charges might soon expire.
the rest of the article is worth reading as well.

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