2.20.2011

Part of the reason, indeed

Who is Influencing Obama’s Budget Proposal? Follow the Funders. » New Deal 2.0

President Obama is a smart man. When Gallup surveys suggest that unemployment is around 10 percent — and that unemployment plus underemployment is 19 percent of the workforce — then it’s clear that the best way to raise revenues and close the deficit is to put people back to work. President Obama surely knows this. But his actions don’t seem to follow this obvious logic. Why is that?

Part of the reason lies in a group of people who pour money into our political system but don’t necessarily want the same things that ordinary Americans want.

 

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