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What Saved The Economy, And The New Deal, Was The Enormous Public Works Project Known As World War Ii, Which Finally Provided A Fiscal Stimulus Adequate To The Economy’s Needs.

Outrageous Fiscal Mendacity Is Neither Historically Normal Nor Bipartisan. It’s A Modern Republican Thing.

Default Is Not In Our Stars, But In Ourselves.

Some Years Down The Pike, We're Going To Get The Real Solution, Which Is Going To Be A Combination Of Death Panels And Sales Taxes. It's Going To Be That We're Actually Going To Take Medicare Under Control, And We're Going To Have To Get Some Additional Revenue, Probably From A Vat. But It's Not Going To Happen Now.

Raising The Minimum Wage And Lowering The Barriers To Union Organization Would Carry A Trade-off - Higher Unemployment. A Better Idea Is To Have The Government Subsidize Low-wage Employment. The Earned-income Tax Credit For Low-income Workers - Which Has Been The Object Of Proposed Cuts By Both President Clinton And Congressional Republicans - Has Been A Positive Step In This Direction.