All the Smart People Love Bowles/Simpson–Says Bowles

The corporate media love bipartisanship. So the news that a “bipartisan” budget failed a vote in the House was something to be mourned. Under the headline “Budget Plan’s Defeat Shows Hurdles to Compromise,” New York Times reporter Jonathan Weisman (4/2/12) explains that this budget proposal modeled on the media-beloved Bowles/Simpson plan failed because “Washington’s conservative and liberal influence machines swung into action.” By that he seems to mean think tanks that were critical of the plan. He adds: The Bowles/Simpson deficit plan–named after the former Clinton White House chief of staff Erskine B. Bowles and former Sen. Alan K. Simpson, […]