Not really, kids. We still have a long way to go and until the people that really need to get back to work start to see "jobs! jobs! jobs!!!" flooding into their lives most won't care too much about this kind of half decent news on the economic situtation, as good an indicator as the news may be:
Last week, the Center for American Progress, a think tank with close ties to the Obama administration, published an acerbic essay about the difference between true deficit hawks and showy “deficit peacocks.”
You can identify deficit peacocks, readers were told, by the way they pretend that our budget problems can be solved with gimmicks like a temporary freeze in nondefense discretionary spending.
One week later, in the State of the Union address, President Obama proposed a temporary freeze in nondefense discretionary spending.
Tony Blair is pontificating about the Iraq war today. Glenn Greenwald is apoplectic as a result. If you get a chance, check out his most recent editorial.
The invasion of Iraq was unquestionably one of the greatest crimes of the last several decades. Imagine what future historians will say about it -- a nakedly aggressive war launched under the falsest of pretenses, in brazen violation of every relevant precept of law, which destroyed an entire country, killed huge numbers of innocent people, and devastated the entire population. Have we even remotely treated it as what it is? We're willing to concede it was a "mistake" -- a good-natured and completely understandable lapse of judgment -- but only the shrill and unhinged among us call it a crime.
On the first day of the auto show in Detroit, the cars - and the
companies that make them - were in danger of being overshadowed.
A visit by a big investor in the US automotive industry drew more looks then some of the shiny new models on display.
On
the floor of the Cobo Center, where the show is held, crowds surrounded
a large Congressional delegation led by House speaker Nancy Pelosi.
Ms
Pelosi and the other politicians were here to inspect the way in which
taxpayers' funds are being used last year's bail-out when the US
government injected billions of dollars into the crisis-hit industry.
Comments
Beware the blip...
...and ignore the lip service.
Loved the Deficit Peacocks editorial by Krugman.
March of the Peacocks by Paul Krugman, New York Times, January 28, 2010.
Tony Blair is pontificating about the Iraq war today. Glenn Greenwald is apoplectic as a result. If you get a chance, check out his most recent editorial.
Remember the illegal destruction of Iraq?
By Glenn Greenwald, Salon, January 29, 2010
Much more...check it out.
If only they would inspect other
Taxpayer owned and bailed out industries a little more closely:
On the first day of the auto show in Detroit, the cars - and the
companies that make them - were in danger of being overshadowed.
A visit by a big investor in the US automotive industry drew more looks then some of the shiny new models on display.
On
the floor of the Cobo Center, where the show is held, crowds surrounded
a large Congressional delegation led by House speaker Nancy Pelosi.
Ms
Pelosi and the other politicians were here to inspect the way in which
taxpayers' funds are being used last year's bail-out when the US
government injected billions of dollars into the crisis-hit industry.