3/27/10

Wadden's Economist Quote

I agree with Frum in that this has, without a doubt, been a missed opportunity. I can't understand how a guy like Paul Ryan, who seems on track to be the next Republican nominee, wasn't sticking his neck out there and putting some kind of real alternative on the table (WSJ op-eds don't count). Even if the Democrats were to shoot it down, he'd have said his piece and at the same time added something of value to the debate. Nobody seemed to be proposing a substantive alternative throughout the whole thing, which is very frustrating. Refusing to face the issue puts the Republicans in a very uncomfortable place. Had they at least tried to develop an actual alternative, the final bill probably would have been a lot better for the country, and they may have liked at least certain parts. Instead, they have a bill that they seem to hate.

I generally like what Obama put in place and think this is a good starting point. If I were a Republican right now I'd be very upset with the state of my party.

Forget investment banking. It's time to get into policy.

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