Apr 17, 2009

It's D-Day, Shiller, Roubini, Stiglitz, Kuttner and Krugman Sound Alarm

Just saying.

- Roubini's Pissed-Off and Stiglitz Goes Ballistic

- Robert Shiller: Depression Lurks Unless There’s More Stimulus

- Krugman: Green Shoots and Glimmers

- Kuttner: Will Obama's Economic Team Lead Him Off a Cliff?

Politically, it's time for a for-us or against-us ultimatum to the GOP while people still recognize that Bush and his GOP brought us to this mess. The TEA Party was a joke, for now.

But the idea that we have to try the recovery program now and then try something else, more comprehensive, in the Fall ain't going to work while the economy continues its slide and the GOP continues trring to appropriate unfocused frustration and aggression.

Be bold and great forces of the American people will come to your aid. "Choo-choos," as some the Tea Set derogated the labor-intensive high-speed rail project should be just the beginning of a massive public works program. [I know we have some begun now.]

And everyone knows that the fare of Robert Gibbs' “you will see in a systematic and coordinated way the transparency of determining and showing to all involved some of the results of these stress tests” didn't play and appears emblematic of opacity.

This recovery needs to be framed as Obama against Newt, Rush, Sarah Palin and the GOP.

Spook them [the GOP] , scare them [the public], shake the markets.

I know this more confrontational political strategy is being considered; well now it's D-Day, and Gen. Patton-Obama ought to lead the landing this time and all operations thereafter.

A Vision for High Speed Rail

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