tag:blogger.com,1999:blog-872647804241988041.post6014582616432008200..comments2024-02-08T07:32:20.315-06:00Comments on Steve Bates - Yellow Doggerel Democratic Views: Sometimes...Steve Bateshttp://www.blogger.com/profile/07587223243120009776noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-872647804241988041.post-77108561845456595942012-11-25T21:04:11.702-06:002012-11-25T21:04:11.702-06:00karmanot, it's not just lost wars; it's a ...karmanot, it's not just lost wars; it's a lost economy. Austerity is a guaranteed failing strategy in approaching a recession. FDR learned that the hard way in 1937. Europe is learning it the hard way right this moment. And if Obama gives in to his worst instincts and his STOOPID political opponents, we, too, will fall headlong into another recession/depression. We can only pray he listens to his better advisors. The only way out right now is through: "over the cliff," if there were such thing as a fiscal cliff. Compel the Republicans to endure the end of ALL the tax cuts, then force them to reinstate those for the poor and middle class. With boneheads across the aisle and non-Keynesians in charge, we can only keep our fingers crossed and make a lot of noise.Steve Bateshttps://www.blogger.com/profile/07587223243120009776noreply@blogger.comtag:blogger.com,1999:blog-872647804241988041.post-39271217699429246712012-11-25T17:38:20.888-06:002012-11-25T17:38:20.888-06:00Santanya's wisdom is routinely ignored in powe...Santanya's wisdom is routinely ignored in power circles, because the hubris of exceptionalism is the red blood of power. When Obama, the epitome of Ivy League educated elites decided that a surge in Afghanistan, (commonly known as the graveyard of empires) was a winning strategy, I thought "another lost American war."karmanothttp://adgitadiaries.comnoreply@blogger.com