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Tue Jan 22, 2013, 02:04 AM

PAUL KRUGMAN - The Big Deal



On the day President Obama signed the Affordable Care Act into law, an exuberant Vice President Biden famously pronounced the reform a “big something deal” — except that he didn’t use the word “something.” And he was right.

In fact, I’d suggest using this phrase to describe the Obama administration as a whole. F.D.R. had his New Deal; well, Mr. Obama has his Big Deal. He hasn’t delivered everything his supporters wanted, and at times the survival of his achievements seemed very much in doubt. But if progressives look at where we are as the second term begins, they’ll find grounds for a lot of (qualified) satisfaction.

Consider, in particular, three areas: health care, inequality and financial reform.

Health reform is, as Mr. Biden suggested, the centerpiece of the Big Deal. Progressives have been trying to get some form of universal health insurance since the days of Harry Truman; they’ve finally succeeded.

source: http://www.nytimes.com/2013/01/21/opinion/krugman-the-big-deal.html?hp&_r=1&

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Reply PAUL KRUGMAN - The Big Deal (Original post)
BigBearJohn Jan 2013 OP
Hekate Jan 2013 #1
Kablooie Jan 2013 #2

Response to BigBearJohn (Original post)

Tue Jan 22, 2013, 02:46 AM

1. HIGH PRAISE from Paul Krugman

Thanks for the post!

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Response to BigBearJohn (Original post)

Tue Jan 22, 2013, 03:10 AM

2. And he's only half done.

He may get a few more of those things done by the time he wraps it up.

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