This took place sometime last week, and I'd thought ER and Sunnubian would find it interesting.
Dean Baker's perspective departs from my usual Marxian influenced perspective (i.e he doesn't advocate changing the economic system etc). However, he does illustrate how economist (who celebrate this system) still understand that the issues (however phony)are largely a matter of successful framing and political will.
He notes this on the non Medicare/Medicare issue as well as the employment (lack of demand in the private sector he calls a collapse ). I don't agree on his "nothing happens" statement he opens with (he supports deficit spending like Paul Krugman) which is a Keynesian perspective. Its the ripple effect that isn't quite being discussed.