Saturday, July 30, 2011

This is Right Wing Engineered Coup

How Shadowy Right-Wing Front Groups Engineered Our National Embrace of Debt Reduction Over Job Creation by Lee Fang ThinkProgress
For the entire year, as a sluggish economy sputters by and states continue to struggle with falling revenue, the conversation in Congress has centered solely on spending reduction. Earlier this year, we witnessed looming government-showdown duels between competing spending reduction plans. Now with the debt ceiling debate, the only two options are a choice between a package of painful cuts and a package of deeply draconian cuts. There has been no lively discussion of new policy ideas for job creation, foreclosure mitigation, or how to spur demand, the key driver of economic recovery. Read more: http://www.truth-out.org/how-shadowy-right-wing-front-groups-engineered-our-national-embrace-debt-reduction-over-job-creation

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