Roubini: What the lame-duck Congress should so
Obama is largely powerless* for the next two months. What's your outlook from now through January?
The lame-duck session of Congress really needs to spend on unemployment benefits, aid to save the local governments and on food stamps. Those things are very short-run and are very important. It's really the most we can do for now.
NOTE * Though I'm not sure that's true. Via McClatchy, he's the co-President. Bad Constitutionally, good for the crisis. More shock doctrine stuff, I guess; the shocks get put through only in crisis.