washington, dc

The Democratic Strategist

Political Strategy for a Permanent Democratic Majority

Kaboom!

Well, what can I say? World financial markets are in an uproar; the Fed has discarded all decorum in issuing a major interest rate cut; the Bush administration, after spending most of the autumn posturing against federal budget deficits, is now in a panic-stricken drive for a “stimulus package;” and the two leading Democratic candidates for president are going after each other like crazed weasels.
I think giving this day a few hours to sort itself out would be a prudent idea.

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