the daily howler: The Babel of the Times op-ed page!
urban legendDecember 4, 2012 2:09 PM
Of course, it doesn't occur to any of these idiots, including Brooks, that so-called "entitlement reform" means cutting the purchasing power of a huge portion of the middle class and weakening its safety net. That means reducing aggregate demand in a time when demand still has not recovered to a sufficient level to bring full employment. It's about as anti-growth and anti-business as you can get.
It's time for progressives to make the bigger point: if you are in favor of measures to increase the purchasing power of the vast majority of Americans, and therefore, increase demand for the goods and services provided by American businesses, you are pro-business. If you favor steps that would decrease demand by decreasing the purchasing power of the vast majority of Americans, like cutting Social Security, Medicare or Medicaid benefits, you are anti-business.
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