Wednesday, December 08, 2010
The Democratic "compromise"
Government economists say that current unemployment levels will persist for five years (which is a number they completely pull out of their a**, but nevermind about that). Given that, how does it make any sense whatsoever (economically, much less politically) to propose a ONE-YEAR extension of unemployment benefits?
Answer: it doesn't, but it was the absolute minimum Obama could offer to his base to appease them while pursuing his real goal, advancing the class struggle on behalf of the rich.
