9.26.2008

Krugman is Right

Krugman has a really good article today (and he also thought the "principles" plan was a good one! nice.) - too bad spoilers are screwing things up.

Also - here's Yglesias's idea on how to break the deadlock - and I like it:
If conservatives won’t play ball, I think the smart move for progressives on the Hill is to come back to Bush and Paulson with a much less palatable plan — huge stimulus, big tax hikes on super-high earners, mortgage cramdowns, etc. Let Bush either cave 100 percent to a Nancy Pelosi dream deal or else let Bush bring McCain and John Boehner to the table. There’s no reason for progressives to be making concessions to the Bush administration and the financial industry if they can’t even get their lackeys to back their own plan.

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