Saturday, January 14, 2017

Paul Krugman Exposes GOP's Craven Hypocrisy on Deficits—and Why It Matters More Than Ever

Paul Krugman has spilled a lot of ink explaining why deficit hawks led by apocalyptic Paul Ryan during the Obama years were dead wrong politically motivated hysterics. Now, the GOP-led Congress is fully exposing its political stripes with its new budget resolution, which would, "according to their own estimates, add $9 trillion in debt over the next decade," the columnist wrote Monday. "This sudden turnaround comes as a huge shock to absolutely nobody—at least nobody with any sense. All that posturing about the deficit was obvious flimflam, whose purpose was to hobble a Democratic president, and it was completely predictable that the pretense of being fiscally responsible would be dropped as soon as the GOP regained the White House."...
http://www.alternet.org/economy/paul-krugman-exposes-gops-craven-hypocrisy-deficits-and-why-it-matters-more-ever


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