Back in April, I chided the New York Times’ Thomas Friedman for having two bad habits: (1) writing columns complaining that President Obama had failed to take a certain action, apparently unaware that the president has already taken that action, and (2) writing columns calling for a third party that would push the two major parties to be more responsible.
He’s made the first mistake more than a few times; and the same goes for the second.
This week, in a curious twist, Friedman combined both bad habits — he wishes a third party could have forced Obama into supporting an agenda Obama already supports.
[T]here will be no third-party candidate, so the only hope is getting Obama to raise his game. […]
What the president should have done is follow the advice of the Princeton University economist and former Fed Vice Chairman Alan Blinder, namely lay out a specific “three-step rehab program for our nation’s fiscal policy.” Call it the Obama Plan; it should combine a near-term stimulus on job-creating infrastructure, a phase-in, as the economy improves, of “something that resembles the 10-year Simpson-Bowles deficit-reduction plan — which would pay for the stimulus 15-20 times over” and a specific plan to “bend the health care cost-curve downward.”
My beef is not with Friedman’s goals, per se. I consider much of the Simpson-Bowles plan to be off-base, but putting aside the specifics and considering the larger context, an approach that combines short-term growth and long-term deficit reduction sounds quite sensible. What Friedman wants, in a general sense, is what I want.









