Quantum Windbag
Gold Member
- May 9, 2010
- 58,308
- 5,100
- 245
Finally, someone is saying it.
https://www.nytimes.com/2013/03/19/opinion/brooks-the-progressive-shift.html?_r=1&
And, no, people that think like this are not the voice of moderation.
For an example of this new worldview, look at the budget produced by the Congressional Progressive Caucus last week. These Democrats try to boost economic growth with a gigantic $2.1 trillion increase in government spending including a $450 billion public works initiative, a similar-size infrastructure program and $179 billion so states, too, can hire more government workers.
Now, of course, liberals have always believed in Keynesian countercyclical deficit spending. But that was borrowing to brake against a downturn when certain conditions prevail: when the economy is shrinking; when debt levels are low; when there are plenty of shovel-ready projects waiting to be enacted; when there is a large and growing gap between the economys current output and what it is capable of producing.
Today, House progressives are calling for a huge increase in government taxing and spending when none of those conditions apply. Today, progressives are calling on government to be the growth engine in all circumstances. In this phase of the recovery, just as the economy is finally beginning to take off, these Democrats want to take an astounding $4.2 trillion out of the private sector and put it into government where they believe it can be used more efficiently.
https://www.nytimes.com/2013/03/19/opinion/brooks-the-progressive-shift.html?_r=1&
And, no, people that think like this are not the voice of moderation.