Surfing the Southside - Hatteras Island. Photo by Zog

Friday, January 25, 2013

Deficit Hawks Down

Deficit Hawks Down

Paul Krugman explains the real reasons behind the deficit scolds absurd obsession with the deficit.
Some are just economically ignorant (Simpson and Bowels come to mind).  Others in bad faith want to use an economic crisis to cut popular safety net programs so they can give more tax cuts to the wealthy (con artist Paul Ryan and other republicans come to mind).