- What idiot designed the fiscal cliff (austerity) deal?
- Why did both parties support it?
- Why did the media not denounce the deal before it was adopted?
The answers are:
- President Obama took the lead in crafting the “fiscal cliff.” He did so with terrible counsel provided by Treasury Secretary Geithner and William Daley, Obama’s chief of staff (Wall Street’s leading representative within the administration and, like Geithner, a strong opponent of stimulus and a strong proponent of austerity).
- Both parties “knew” that austerity was essential.
- The media “knew” that austerity was essential.
Celebrate the failure (The Big Picture)
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You are not entitled to your opinion. You are entitled to your informed opinion. No one is entitled to be ignorant.
Harlan Ellison