AmericaShrieks
by digby
If you can stomach it, you can watch or listen to the Pete Peterson Austerity Pimp Event here, live.
Turns out there's nothing to worry about. David Walker just said, "Fiscal responsibility and social justice are not mutually exclusive." Whew.
A person from the MacArthur Foundation then explained, "our country is facing a terrible challenge,we need to do everything possible to put people back to work, but we need to start talking now about unsustainable deficits... if we start talking about it now we'll be able to move quickly once the country is strong."
Apparently, someone forgot to tell this person that the Senate just failed to extend unemployment insurance and aid to the states because of this fetish for deficit reduction.
They are very proud that this group is so very diverse and bipartisan --- except, of course, for anyone who understands that a concentration on deficit reduction right now means that this country is likely going to suffer a lost decade of growth --- as a best case scenario. The worst case scenario isn't something we want to think about.
Everyone involved is either deluded about how politics works or is a cunning liar. This is one of the greatest scams ever perpetrated on the American people by their wealthy owners.
Now they are all asking for applause for their "funders." LOL.
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