Wednesday, January 2, 2013

In Which Only Centrists and the Rich Get What They Want

Obama gets, probably, his coalition of conservatives.

The rest of us? Well…

The deficit remains a problem, just to keep deficit hawks unhappy. Cuts in social programs are likely, just to keep liberals unhappy. And the military and the national security state just go on and on.

[Added:] The economy gets a beat-down from austerity policies. The long-term debt gets pumped.

Thanks, guys.

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