The liberal Keynesians have it right.

(..The President apparently believes Republicans are serious about deficit
reduction, when in fact the Tea Partiers now running the GOP are serious
only about dismembering the government…”
Robert Reich
********
Dr. Reich has it right.
He’s against the absurd austerity, deficit hawks; he’s a Keynesian liberal; but also a realist without illusions.
He’s been there (Wash-Labor Sec.) and done that, so to speak.
His latest blog is a very good read.
And so is a fellow liberal Keynesian Paul Krugman’s NYT column Fri.
“Ben Bernanke, Hippie”
http://www.huffingtonpost.com/robert-reich/sequestration-tea-party_b_2788453.html
http://www.nytimes.com/2013/03/01/opinion/krugman-ben-bernanke-hippie.html?ref=paulkrugman&_r=0

joe dunphy