I think we're coming to the unpleasant realization that Obama, while he's done some good things and is probably a good person, may not be a good president. For the Dems to get hosed in this midterm -- not just lose seats, but get hosed -- is an appalling political failure, and we thought politics was something Obama was good at. Maybe he's just good at running against Republicans who pick insane veeps and Democrats who hire Mark Penn.-- and one not:
By all means worry about expenditure. I suggest you start with the US military budget – here’s a thought, get rid of one of the strategic nuclear defense lines? Submarines, missiles AND bombers? Pick two.As Yglesias notes, we could cut 1% off the Defense budget and thereby double the FBI's entire budget, which might do more to keep us safe from terrorists, dollar for dollar.
Oh, and you can probably get by with a few less carrier fleets.
Then come back to me about unwed mothers and healthcare.
... Oh, and Krugman compares Keynesian economics w/ That Other Kind in view of recent events. No, you'll just have to click through to find out who wins.