Revenge of the Neo Liberals Redux

Revenge of the Neo Liberals Redux

UPDATE: Jason Furman emailed to clarify that the statement I paraphrased was specifically in reference to the Obama healthcare proposal and the way in which its costs, as reflected in the budget are divided between tax cuts and investments with the former larger than the latter.

UPDATE II: Paul Krugman weighs in, says Furman is a “good guy” and that his job is a process job. That’s a good point. At this point, the policies are pretty set and well-publicized, Furman’s job is more or less directing the campaign’s economic messaging.

Just got off a conference call with Obama’s new economic policy director Jason Furman. He just said, and I’m paraphrasing, but not by much, that Obama’s economic plan is much more focused on tax cuts than investment.

Copy Link
Facebook
X (Twitter)
Bluesky
Pocket
Email

UPDATE: Jason Furman emailed to clarify that the statement I paraphrased was specifically in reference to the Obama healthcare proposal and the way in which its costs, as reflected in the budget are divided between tax cuts and investments with the former larger than the latter.

UPDATE II: Paul Krugman weighs in, says Furman is a “good guy” and that his job is a process job. That’s a good point. At this point, the policies are pretty set and well-publicized, Furman’s job is more or less directing the campaign’s economic messaging.

Just got off a conference call with Obama’s new economic policy director Jason Furman. He just said, and I’m paraphrasing, but not by much, that Obama’s economic plan is much more focused on tax cuts than investment.

Whuh?

Also, I asked if the Sen. had a position on the newly introduced TRADE Act. It’s a piece of legislation, sponsored in the Senate by Sherrod Brown and Byron Dorgan that would attempt to lay out at the very minimum some benchmarks for what we want trade agreements to accomplish and then-gasp!-have a committee set about seeing if the existing deals live up to said benchmarks. The bill is supported by a large coalition of unions, farm groups, food justice and hunger organizations.

Furman told me he wasn’t familiar with the bill. I’ll follow up.

Man, I’m already beginning to miss the primary.

Become a Sustaining Donor This September

Between the reemergence of right-wing red-baiting and Donald Trump’s use of the chilling National Security Presidential Memorandum–7 to criminalize left political organizing, we’re seeing McCarthyism reborn before our eyes.

This assault on democracy cannot be ignored or wished away. Resisting it requires bravery in the face of threats and repression, a steadfast commitment to the truth, and the unwavering belief that we can—and will—overcome this darkness.

We must have an independent media that sets the record straight, unearths corruption and abuses of power, and advances a politics of justice and dignity for all if we’re to win this fight.

That’s why I’m writing to you today. This September, The Nation needs to add 100 monthly donors to sustain our progressive journalism. Your contribution makes the next investigative report, the next truth-speaking column, and the next pathbreaking essay all possible. 

I hope you’ll support our work with a recurring donation today. If you donate $10 or more a month, we’ll send you a brand new “Hands Off the Free Press!” sticker to recognise your commitment to our cause. Please, donate today. 

Onward,

Katrina vanden Heuvel
Editor and Publisher, The Nation

Ad Policy
x