Over at Common Dreams James K Galbraith speaks truth to power, which apparently isn’t listening and hasn’t been listening to anything or anyone but itself, and slaps down Obama for his mismanagement of the financial crisis and betrayal, yes, betrayal of the people.
It’s a measure of where we are, I think, that at a meeting of Americans for Democratic Action, you find me comparing President Obama unfavorably to President George W. Bush.
In economic policy it was said earlier we have a lack of narrative. This afternoon, Gregory King asked why the people didn’t know that the Republican Party is uniformly and massively opposed to job programs, to state and local assistance, and to every legislative measure that might aid and promote economic recovery from the worst crisis and recession in modern times. Why is that that they didn’t know? Could it have anything to do with the fact that the White House didn’t tell them?
The guy is not pulling any punches in his call for realism.