Monday, April 11, 2011

The Crisis Next Time

http://www.nytimes.com/2011/04/11/opinion/11mon1.html?_r=1&scp=1&sq=the%20crisis%20next%20time&st=cse

---------- Forwarded message ----------
From: barry levine 
Date: Mon, Apr 11, 2011 at 9:46 AM
Subject: re: The Crisis Next Time
To: letters@nytimes.com


To the Editor:
   When a brat demands cookies and ice cream for dinner, the parent who serves only ice cream and calls that "compromise" is a fool.  Mysteriously, this is what passes for Democratic leadership in Washington in this administration. Harry Reid countered every Republican threat of filibuster with pre-emptive surrender. Now president Obama has followed that lead on the budget.  President Hoover's message of austerity was always easier to explain than Keynesian economics. But that easy path leads ever downwards. We need to remember--now, while our economy languishes for lack of spending--that Hoover failed.
Barry Haskell Levine

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