Tuesday, February 03, 2009

Paul Krugman gets to the heart of the matter:
If one thing is clear from the stimulus debate, it’s that the two parties have utterly different economic doctrines. Democrats believe in something more or less like standard textbook macroeconomics; Republicans believe in a doctrine under which tax cuts are the universal elixir, and government spending is almost always bad.
Which means Broderism (i.e. bipartisan agreement) is impossible. It's like getting a doctor and Christian Scientist to agree on what to do with a sick person. Can't be done.


What ever happened to that term "voo doo economics"?

By Anonymous Anonymous, at 2/04/2009 5:30 AM  

It's filed in the same drawer as "tax and spend."

By Anonymous Anonymous, at 2/04/2009 6:29 AM  

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