Tuesday, March 15, 2011

I know who is going to win this debate

Between economists and politicans:

Obama is being pulled in opposite directions by those whose priorities are fiscal and those whose No. 1 concern is electoral.

Treasury Secretary Timothy Geithner, National Economic Council Director Gene Sperling and Sperling’s deputy, Jason Furman — leading figures in the president’s economic team — are pressing Obama to cut Social Security benefits if necessary, say sources familiar with their positions.

But Obama’s political team, led by David Axelrod, David Plouffe and Jim Messina, are urging the president to understand that backing benefit cuts could prove disastrous to his 2012 reelection hopes, sources say.

No comments:

Post a Comment