David Leonhardt has a good column putting the budgetary impact of the bailout in context. The deal is that the bailout is real money, but does not qualitatively change the picture in terms of the long-term deficit. The story there is the same as before: health care, health care, health care. Leonhardt lays out the case well.
--Dean Baker
Unlike many news organizations, the Prospect has remained staunchly committed to keeping our journalism free and accessible to all. We believe that independent journalism is crucial for a functioning democracy—but quality reporting comes at a cost.
This year, we’re aiming to raise $75,000 to continue delivering the hard-hitting investigative journalism you’ve come to expect from us. Your support helps us maintain our independence and dig deeper into the stories that matter most.
If you value our reporting, please consider making a contribution today. Any amount helps secure our future and ensure we can continue holding power to account.
Will you support independent journalism with a donation to the Prospect?
