An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Monday, January 5, 2009
Obama predicts quick approval of econ rescue plan
Wonderful if he delivers, however, I am just wondering if he has spoken to Senator Mitch McConnell (R-KY) yet, or the other Senate Republicans who are prepared to obstruct any quick passage of this stimulus.
It's one thing to have an enthusiastic meeting with your buddies on the same team, like Nancy Pelosi and Harry Reid, however, something tells me that Obama's statement about "quick passage" is more political strategy than anything else. If the stimulus doesn't pass quickly he can always blame it on the Republicans.
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