From the man who called the union benefits at automotive companies a "welfare state," we have George Will on This Week showing his compassionate conservative side yet again. I would like to see George Will working on an assembly line until the age of 65 and then let him speak out about someone retiring before that age or receiving benefits that they somehow don't deserve. Working for thirty years at a company while giving your blood in the process is not enough for these people.
Conservatives love to rewrite history so they can trumpet their own philosophy. Paul Krugman explains to George Will how FDR got America out of the Depression. Conservatives have been trying to unravel the New Deal ever since.
Krugman: There was a collapse of the financial system which was not restored for a long time. There was a deep slump in consumer demand and therefore no investment demand so we were stuck in this trap.
Update: The video links with the correct video should be working now.
It was nice to see some push back from the constant drone we're treated to by the talking heads in the media, who apparently will not be happy until Democrats agree to inflict some more pain on their constituents and raise Medicare retirement age along with benefit cuts. As Krugman rightfully noted, all the happy talk about politicians sitting down and having dinner together isn't going to resolve the fundamental policy differences between the two parties -- or the fact that one of them wants to completely take down our social safety nets and privatize them. Read more...
A couple of interesting things in today's This Week roundtable: I agree with Cokie Roberts - and disagree with Howard Dean. The big story, of course, is the Ryan plan to turn Medicare into a 50% off coupon:
STEPHANOPOULOS: Well, let's talk about Read more...