...While President Bill Clinton’s political advisers favored more spending and tax cuts coming out of the recession of the early 1990s and his economic team pushed to start reducing deficits, in President Obama’s circle the opposite is true. Political advisers are channeling the widespread public anger at deficits while the economic team argues that the government should further spur the economy to avert another recession...
There is widespread public anger at unemployment and the bank$ter-corporate rule over the government.
What widespread public anger at deficits outside of the Republican party?
There should be no compromise for Hooverism over the New Deal economics.
Unfortunately the Great Compromiser got tenure at the University of Chicago before he got his start in politics. Uncle Miltie Friedman doubtless gets a lot of respect from the One even though his policies have wasted economies all over the globe. But doubtless being under this kind of mind control is requisite for the highest Executive position in the Company.