NP: No gov't; best gov't..from John Lanchester LRoB

[David Morris]

http://talkingpointsmemo.com/archives/2011/09/so_awesome.php?ref=fpblg

Every time you hear anyone say we’re “broke” or “can’t afford to spend
more,” tell them we’ll be in worse shape if we don’t. If the economy
remains dead in the water, the ratio of public debt to GDP balloons.
And remind them that the federal government can now borrow at
fire-sale rates. Interest on the ten-year Treasury bill is 2 percent.

Do you hear me, Mr. President? Please — be bold next week. And if, as
expected, Republicans refuse to go along, take it to the people.
Mobilize the public. Use the bully pulpit. That’s what you have it
for.

One more thing, Mr. President. You also have to tackle inequality.
When so much income and wealth continues to flow to the very top,
America’s vast middle class still won’t have enough purchasing power
to boost the economy. Priming the pump is necessary but won’t be
sufficient without enough water in the well.