Saturday, July 3, 2010

Sounds like someone needs a new political team...

From Jackie Calmes:
In Mr. Clinton’s day, the economic team, asserting that a credible commitment to fiscal responsibility would reassure financial markets and lead to greater long-term growth, won the argument in favor of deficit reduction, helped by moderate Democrats in Congress. These days, the Obama political team has the edge, again in the cause of emphasizing deficit reduction and with an assist from Congressional Democrats nervous about the midterm elections.

I'll have to say, from my own time in DC, I was also unimpressed with elements of the Obama political team, but that's a story for another time... Let's just hope Obama faces someone completely inept in 2012, which isn't all that unlikely.

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