William Black has written the article The Great Betrayal – and the Cynicism of Calling it a Grand Bargain .
Kuttner wrote to warn that Obama intends to seek a “grand bargain” causing the U.S. to adopt the type of austerity program that threw the Eurozone back into a gratuitous recession.
Worse, Obama intends to begin to unravel the safety net (Social Security, Medicare, and Medicaid) to convince the Republicans to enter into this Faustian bargain. Just as only a conservative Republican could visit “Red” China, only a Democrat can begin the destruction of the safety net. The difference, of course, is that normalizing relations with China was a good thing while unraveling the safety net is a terrible thing.
I had been hoping to keep this controversy among Progressives under wraps until after the election, but I can see that it is difficult to keep this hidden.
Electing Mitt Romney is not the solution to preventing the Great Plague (aka Grand Bargain). What is the solution is for the Progressive Community to be able to turn on the proverbial dime after the election. As soon as we know that Obama has been re-elected and that the Democrats are in firm control of Congress, we must start applying immediate pressure to prevent the Great Plague from coming to fruition.
November 7 cannot be the time to take it easy and think our problems have been solved.