Sunday, August 7, 2011

Political News Stories via Memeorandum

Graeme Zeilinski, Communications Director for the Wisconsin Democratic Party... was a focus of a post here last month when he tweeted that people should celebrate the 45th anniversay of Medicare by “punching a Republican.” by Jacobson: Wisconsin Dem Spokesman Threatens Reporter

 Liberals are growing frustrated with President Obama’s soft response to the Tea Party after fractious negotiations over the debt limit led to the loss of nation’s AAA credit rating on Friday. by Bolton Obama's soft response to Tea Party draws liberal criticism

 But with his deep-seated aversion to conflict and his profound failure to understand bully dynamics — in which conciliation is always the wrong course of action, because bullies perceive it as weakness and just punch harder the next time — he has broken that arc and has likely bent it backward for at least a generation. by Drew Westen What Happened to Obama?

Liberals are angry.  But what did they give up?  In the current budget, about 25 billion in spending.  No, what they are angry about is that Obama did not give them confiscatory taxes.  Read about that in Krugman's book, which I reviewed on this blog.  Krugman admired the 90% top marginal rate that was in effect since FDR's time.  Subsequent cuts brought it back to where it is now.  That's what they are angry about.  It needs to return, according to their point of view.  They want a more belligerent response from their leaders, and if they don't get it, there may be hell to pay.

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