Paul Krugman

hits it on the head, as usual. Why is it Obama's victory over the economic stimulus package feels like a defeat?

It is a half-measure, which is certainly better than nothing, but unfortunately we have an opposing political party which is hellbent on destroying the United States because of ideology.

And I don’t know about you, but I’ve got a sick feeling in the pit of my stomach — a feeling that America just isn’t rising to the greatest economic challenge in 70 years. The best may not lack all conviction, but they seem alarmingly willing to settle for half-measures. And the worst are, as ever, full of passionate intensity, oblivious to the grotesque failure of their doctrine in practice.

There’s still time to turn this around. But Mr. Obama has to be stronger looking forward. Otherwise, the verdict on this crisis might be that no, we can’t.


The GOP are slaves to a goddamned cult, there is no other description for it, and because they represent the interests of a tiny, moneyed elite, their policies are by definition catastrophic to the country. They would never win elections if the truth about them were known to EVERYBODY, including their less well-heeled supporters. Hence their continued conning the masses by peddling "social issues" like abortion and the like. As for the Democrats, their lack of political will stems from their desire to get political contributions from the same moneyed elite, and if they go too far to the left, or so they think, they risk losing those donations, which would go to their GOP opponents. For these Democrats, it's political survival for them rather than being slaves to a goddamned Randian/Friedmanite cult.

Meanwhile, the country and the world go down in flames.

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