When done right - or wrong, depending on how you look at it - deficits remove liberal options from the table. Suddenly there's no money for building bridges or inspecting meat. Not surprisingly, running up a deficit is a strategy favored by the wrecking crew for its liberal-killing properties.
Thomas FrankMoney never seems to be interested in strengthening regulatory agencies, for example, but always in subverting them, in making them miss the danger signs in coal mines and in derivatives trading and in deep-sea oil wells.
Thomas FrankLiberal that I am, I support health-care reform on its merits alone. My liberal blood boils, for example, when I read that half of the personal bankruptcies in this country are brought on, in part, by medical expenses.
Thomas FrankThere is no higher claim to journalistic integrity than going to jail to protect a source.
Thomas FrankAcknowledging class was always difficult for 'New Democrats' - it was second-wave, it was divisive - but 2008 made retro politics cool again.
Thomas FrankThe great fear that hung over the business community in the 1970s was death by regulation, and the great goal of the conservative movement, as it rose to triumph in the 1980s, was to remove that threat - to keep OSHA, the EPA, and the FTC from choking off entrepreneurship with their infernal meddling in the marketplace.
Thomas Frank