'A market peak for the Hack-Progressive alliance'
Reader No. 1 -- in an email slugged 'Too big to fail?' -- provides more proof that we've entered spending-for-spending's-sake territory:
Further evidence why we really miss Jerry Williams. One can imagine Jerry leading pickets outside of New Braintree, or Cedar Junction, or the State House. Today, flatscreen TVs are a 1- or 2-day subject for Howie, and a good bit of venting on WEEI and WRKO. But ...will anything really change...?
Maybe so. Add this to the great stuff in today's WSJ on the Stimulus Bill - it's Concrete versus Asphalt.... and Alan Reynolds on questionable assumptions about growth - and draw the conclusion: it's a market peak for the Hack-Progressive alliance. Time to short-sell the elected Intellectualoids (yes, after only a week of Obama, but two decades of built-up political, intellectual and social capital).
Update --
Jeff also notices how the no-time-to-waste argument has been tossed to the side. ... Hub Blog is beginning to wonder who'll be the
David Stockman of the Obama administration. You know, the guy who blurts out the truth about an economic-stimulus package that's not quite the same as touted.
Update II --
Andrew is starting to wake up to the Trojan-horse policies being pushed by Dems, though he rightly swats conservatives for giving Bush a pass on spending over the past eight years.
Update III -- At least
Robert L. Borosage openly admits it: "We are headed into the most ambitious era of progressive economic reform since the New Deal." ... He adds, as if we didn't already know, that it's not just about economic recovery.