Tuesday, August 02, 2011
Disgust Among Yourselves
A few of the better comments about the dismal debt deal from the past 24 hours:
"Today, the markets are breathing a sigh of relief because Washington managed to agree before it sparked an unnecessary financial crisis. But we could be celebrating an agreement that actually did what was necessary to speed the recovery now and reduce the deficits that matter. Congress may be patting itself on the back because it didn't needlessly wreck the global financial system, but that's not evidence of success. It's evidence of how terribly they have failed us. And the fact that so many are celebrating this deal only goes to show how used to their failures we have become."
-- Ezra Klein in the Washington Post
"In the long run... Democrats won’t be the only losers. What Republicans have just gotten away with calls our whole system of government into question. After all, how can American democracy work if whichever party is most prepared to be ruthless, to threaten the nation’s economic security, gets to dictate policy?"
-- Paul Krugman in the New York Times
"The right wing should ditch the tricorn hats and replace them with mirrored sunglasses. They truly are Banana Republicans."
-- Paul Begala in the Daily Beast
"The Democrats, despite sitting in the White House, the most awesome repository of political power on the planet, didn't fight at all. They made a show of a tussle for a good long time -- as fixed fights go, you don't see many that last into the 11th and 12th rounds, like this one did -- but at the final hour, they let out a whimper and took a dive. We probably need to start wondering why this keeps happening."
-- Matt Taibbi on his Rolling Stone blog
"In the August recess, the heat legislators encounter back home won’t come from the weather alone. The Tea Party captured the populist anger in 2010, representing a small fraction of the population. In 2012, legislators in both parties may just encounter a populist uprising that represents an American majority."
-- Katrina vanden Heuvel in the Washington Post
"What the fuck?!"
-- Jon Stewart