Paul Krugman: Dumbing Deficits DownQuicklink submitted by Sheila Samples Permalink
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|Republicans just aren't into rationality. They claim to care deeply about deficits -- but they've spent the past two years putting cynical, demagogic attacks on any attempt to actually deal with long-run deficits at the heart of their campaign strategy. The president and his aides know that the GOP approach to the budget is wrongheaded and destructive. But they've stopped making the case for an alternative approach; instead, they've positioned themselves as know-nothings lite, accepting the notion that spending must be slashed immediately -- just not as much as Republicans want.|
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