Paul Krugman: Deficit Hawks and Hypocrites

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At www.nytimes.com

Recent events have also demonstrated clearly what was already apparent to careful observers: the deficit-scold movement was never really about the deficit. Instead, it was about using deficit fears to shred the social safety net. And letting that happen wouldn't just be bad policy; it would be a betrayal of the Americans who just re-elected a health-reformer president and voted in some of the most progressive senators ever. The discourse was hijacked by the wrong people, with the wrong agenda. Let's show them the door.

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At www.nytimes.com


 

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