David Plouffe, Obama’s spokesman, responds to critics of Obama’s capitulation to the Republicans:
“I would ask Robert Reich and others to actually consume the details of this,” Mr. Plouffe said in an interview on Saturday. “There are some in our country who simply believe spending cuts are not required to help the economy. The president has made it very clear that we cannot stay on this fiscal trajectory.”
Actually, many people in our country simply think cutting government spending with one of out seven Americans out of work or working too few hours is batshit lunacy. We’ve been through this before, but it bears repeating: public debt results in private savings. And if our ‘human’ and physical infrastructure is underutilized (which it is), deficit spending will not lead to inflation.
Plouffe is claiming that for the economy to be ‘healthy’–where healthy means lowering deficits–unemployment will have to stay high or even rise.
This is dreadful and inhumane policy, topped off by lousy rhetoric that further undermines future Democratic positioning. Also pisses off your rank-and-file who, in poll after poll, care far more about jobs than deficits.
It’s as if he wants Democrats to lose the Senate too. Which they most likely will, as this bill guarantees that unemployment and underemployment will stay high.
I’ve said it before, and I’ll say it again: if this country weren’t so hung up on race and sex between consenting adults, it would be clear as sunshine that Obama is a Republican.