When it counted, Peter Orszag was on the wrong side of the argument, afraid of a "wacko lefty" stimulus.
We can blame Orszag for scaling back the stimulus that could have
helped more Americans have jobs and pay taxes. It didn't matter to him
though, because he was soon gone to make millions on Wall Street. Tough
luck for everyone else.
It's more than revolting to see Orszag now come out in favor of more
stimulus, knowing that the political atmosphere of 2012 is very
different from early 2009 when Obama had plenty of political capital.
Back then, everything was possible and now it's extremely unlikely that
another stimulus could successfully pass the GOP controlled House.
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