The "debt ceiling" deal with its deficit reduction proposals so far looks like a win-win for the right. What the country and its economy needs is jobs and more money in the pockets of the poor and working people who always spend whatever money they get because they barely get by as it is.
Most economists agree that when the economy is weak—as it has been since Bush/Cheney created the largest deficit in history after inheriting the largest surplus in history—what it needs is more money put into the economy, and since corporations are sitting on the largest profits in history and contributing nothing (in fact in many cases TAKING taxpayer money) the only source of money is government spending.
But instead of putting more money into the economy (it began rebounding as soon as Obama got in and created his "stimulus" package, but that stimulus is mostly done now so the economy is sinking again) the right and the Republicans, that cater to it or buckle under to it, got the media and everyone else, including the president, to start talking about cutting spending, which obviously means cutting jobs, which obviously means more people out of work (making the Dems look bad, a win for the right) and therefore less consumer spending, which was the main generator of the economy, and thus a worse economy (another win for the right as it makes the Democrats look like they can't the the economy back up enough).
So if the deal announced tonight goes through, the Democrats have won nothing except putting off the next debt ceiling fight to after the 2012 elections, while the Republicans have won almost everything they wanted, including cuts to medicare etc. As one of the members of "The Black Caucus" put it tonight on MSNBC, if said if he were a Republican, he'd be partying tonight.
I guess the rest of us can just "tighten our belts" even tighter and put off that visit to the doc.
[I left that "if said if" in as an example of the post brain-op writing challenges I continue to have, making it necessary to correct more of these kinds of "mistakes the later it gets and the more tired I am. Which probably happens to non brain-op folks too, but just figured I'd leave it in and note it as a sign of where my particular brain is at at the moment.]