GOOSE MEET GANDER....Matt Yglesias says he's willing to go along with the Treasury's plan to bail out Wall Street if that's what it takes to rescue Western civilization:
But tactically, I think it'd be crazy to just hand this package over for the President's signature. Every time progressives in congress try to get something done for working people, conservatives either block it or else hold it hostage to some nutty tax cut. Why not tie this bailout to something like the second stimulus package of enhanced food stamps, extended unemployment insurance, and enhanced aid to state governments straining under the yoke of Medicaid payments?
This does seem like a good opportunity to yoke all this stuff together, assuming that the legislation is ready to go. Would Republicans really be willing to hold up the entire bill just because they hate the idea of spending federal money on actual workers? I doubt it. Let's yoke away.