Jul 20, 2012 at 3:36 pm
My CBPP colleague Bob Greenstein explains — in under two minutes! — why, given the R’s refusal to countenance any new revenue in a budget deal, the correct strategy for D’s must be to go over the cliff. Or, more precisely, to start down the fiscal slope, ready to reverse course ASAP.
That’s not at all the way it should be. But it is the way it is.
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