Today, it’s Barack vs. The Beatles in a battle of The One versus the Fab Four: Health care speech versus “Rock Band”? Is it any contest? Well, let’s see. How many of you can sing “We Can Work It Out” and how many of you can tell me who Max Baucus is? (And I’m sorry, but “something to do with …” is not a valid start to any answer).
First, however, the headlines:
- Good news: We’re paying off our burdensome credit debt in record amounts, according to the most recent figures.
Bad news: That only takes us through Christmas 2004.
- Good news: That first-time home-buyer credit? It’s responsible for 400,000 homes sold to date.
Bad news:Are you familiar with the term “front-loaded”?
- Good news: A poll of economists suggests we’re still on target for a recovery to be underway sometime next year.
Bad news: See, “Good news.”
- Good news: Obama to go 2.0 on health care reform with a speech on health care reform
Bad news: He has yet to go 1.0 on financial regulatory reform.
Today’s lesson: Even Scientology is scared of The Beatles.
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