In a sane world
by digby
Mike Lux has written an excellent post about the challenges facing the economy and the political consequences of continuing down the path we're on that's well worth reading.
But somehow this conclusion doesn't reassure me:
Given the makeup of Congress, Obama has just one chance to dramatically improve the American economy before the 2012 election, and that is to move aggressively to revitalize the housing market. He’ll have to take on Wall Street to do it, and he’ll have to pick a fight with them and their Republican allies in Congress. It’s a political fight worth having, and most importantly it would put our economy on the right path by giving it the jumpstart it needs.
Isn't it pretty to think so?
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