Hilzoy attempts to respond to the Republicans' "budget".
Now, contrary to our little troll friend Mark's incessant assertions, I'm no fawning Obamabot and have been mightily disappointed (I'll have more on that second one, well, someday..) by some of his actions. But it is never difficult for me to keep that disappointment in perspective. All I have to do is remember that the alternative was John I-Don't-Know-Much-About-Economics-I-Just-Want-To-Bomb-Iran McCain, and I feel fine. Thank you very much.