'Rich Republicans are passionate in their disdain for any form of government stimulus from government spending to the expansionary efforts of the Federal Reserve. Wall Street Democrats are smitten with centrist deficit-reduction plans, like the one proposed by former GOP Sen. Alan Simpson and former Democratic White House chief of staff Erskine Bowles. Simpson-Bowles would both curb entitlements like Medicare and increase taxes. But it is hard to imagine any unemployed American ever racing home to shout, “I’m going to get a new job because Congress passed Simpson-Bowles'.'
Walter Shapiro, political correspondent,
Yahoo! News, Columbia Journalism
Review, The New Republic
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