The Hollywood Liberal

Early Morning Swim: Jane Hamsher, Alan Grayson and Ralph Nader Discuss Tax Cut Deal on Lawrence O’Donnell
Krugman weighs in: “This political reality makes the tax deal a bad bargain for Democrats.”

Krugman weighs in:

This political reality makes the tax deal a bad bargain for Democrats. Think of it this way: The deal essentially sets up 2011-2012 to be a repeat of 2009-2010. Once again, there would be initial benefits from the stimulus, and decent growth a year before the election. But as the stimulus faded, growth would tend to stall — and this stall would, once again, come in the months leading up to the election, with seriously negative consequences for Mr. Obama and his party.

You may say that economic policy shouldn’t be affected by partisan considerations. But even if you believe that — how’s the weather on your planet? — you have to consider the situation likely to prevail a year from now, as the good parts of the Obama-McConnell deal are about to expire. Wouldn’t there be pressure on Democrats to offer Republicans something, anything, to improve economic prospects for 2012? And wouldn’t that be a recipe for another bad deal?

Surely the answer to both questions is yes.

Purist.

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Absolutely Fascinating
Once again our mighty media overlords have redefined the term fascinating into something that is actually mind-numbingly stupid. Must be a day ending in “y”.

I interrupt my desire to pile on the Democratic Party — who deserve it in a fashion — by piling on the Republicans and the media, who really deserve it.

I’m sure you’ll all be tuned in to Barbara Walters ask her list of ‘fascinating’ people what kind of tree they’d like to be this year. But look who is still somehow fascinating:

BARBARA WALTERS: And Sarah Palin, for the third year, we have had Sarah Palin. Because every year, she does something fascinating.

For example, this is…so…um…fascinating:

On leaving her hunting camp one morning, Ms Palin pointed to the horizon and declared “Let’s go west.” There followed an awkward pause. “That’s east,” noted her father.

It’s really fascinating that she’s so shockingly stupid.

Sorry, I guess, I’ve offended Charles Blow and focused on Palin again, unlike Barbara Walters who is the soul of journalism. How fascinating.

My apologies.

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Late Late Night FDL: Crabby Christmas Blues
Maxine — Crabby Christmas Blues.

Maxine — Crabby Christmas Blues.

What’s on your mind?

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