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Rob Johnson on Deficit Commission Recs: We Gotta Get Out of This Place » New Deal 2.0

by on December 4, 2010

The suggested Social Security cutbacks are similarly amazing. We are fretting over some problems that occur beyond 2037!!! This collection of wise men are ones that could not see the financial crisis right before their eyes in 2007, but somehow they are clairvoyant about the train wreck of 2037. Some, including leading progressive thinkers, have suggested that this will be good for market credibility. Since when do we need to appease markets that are charging 2.5 percent for 10 year debt?

The mobilization of arguments for the self satisfaction of the rich and those who work for them, rather than mobilizing efforts to help the country, is so obvious…

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