Sunday, December 30, 2012

Recommended Reading

In case you haven't been paying attention, the nation is due to go over the so-called "fiscal cliff" the day after tomorrow, which will, economically speaking, lead to some variation of this. The situation we're dealing today with is a result of our incompetent elected officials truly outdoing themselves on that front, by engineering a situation so catastrophic that they would be forced into action to divert it, and failing to act even then thanks to the ideological litmus tests of the Tea Party and Norquist types. As is painfully clear now, even with the outcome of the last election, and even with the economy hanging in the balance, John Boehner is incapable of making any kind of a deal thanks to his being hogtied by his party's far right flank. While a lot of conventional wisdom has the two sides making some kind of last-second save, Robert Reich remains skeptical. Follow the link to read why.

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