Thu Nov 29, 2012, 09:40 AM
n2doc (30,695 posts)
Krugman- The Con Goes On
I wondered recently whether Paul Ryan, who is a con man pure and simple, would be able to step right back into his role as Washington’s favorite Honest, Serious Conservative.
Well, Alec MacGillis appears to have the answer: Foreign Policy Magazine has named Ryan one of its top 10 global thinkers.
And people wonder why I’m so caustic about the Very Serious People.
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Krugman- The Con Goes On (Original post)
|Angry Dragon||Nov 2012||#2|
|Solly Mack||Nov 2012||#5|
|Jim Lane||Nov 2012||#13|
|Uncle Joe||Nov 2012||#11|
Response to n2doc (Original post)
Thu Nov 29, 2012, 09:46 AM
snappyturtle (13,556 posts)
1. Paul Ryan should be shoved out of Washington back to Janesville to learn how
to operate heavy equipment. Maybe if he worked for a living his attitude would change and sync with the American workers.
Response to bluestate10 (Reply #10)
Thu Nov 29, 2012, 09:19 PM
Jim Lane (4,676 posts)
13. Unfortunately, Dean appears to be buying into the deficit hysteria to at least some extent.
He says the fiscal cliff isn't really all that bad because it will effect significant deficit reduction. That's the very reason it is bad. The standard Keynesian view is that the combination of tax increases and spending cuts will reduce aggregate demand and therefore either slow the already-tepid recovery or, even worse, push us back into recession.
Of course, Dean is right that going over the cliff would be better than some of the alternatives that are being bruited about. Nevertheless, it's a fundamental error to evaluate all the options -- the cliff and various anti-cliff deals -- solely or even primarily from the point of view of deficit reduction.