Week of March 1, 2009 - March 7, 2009
March 4, 2009, 5:00PM
The central issue in American
politics now is whether the country should reverse a three-decade-long
trend of rising inequality in incomes and wealth. E.J. Dionne Jr. - Washington Post
This
budget says the Republicans had Mr Obama right all along. The draft
contains no trace of compromise. It makes no gesture, however small,
however costless to its larger agenda, of a bipartisan approach to the
great questions it addresses. It is a liberal's dream of a new New
Deal. Clive Crook - Financial Times
President
Obama proposes to raise the taxes of America's richest citizens, whose
tax bill has been getting smaller and smaller for the last thirty
years. This disagreeable prospect finds the political defenders of this
wealthy minority, the Republican party, in a state of ideological
collapse, with the prestige of the market economy and Reaganomics in
tatters.
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