Krugman is not right when it is convenient. He is just right.

[n2doc]

2. Cutting waste and abuse is not damaging

However, it is hard to identify those things, especially in a corrupt environment.

FDR raised taxes. Clinton raised taxes. Reagan raised taxes. Growth did not slow. So your statement of 'fact' is wrong.

Raising taxes can be stimulative, if it re-directs those funds that might have gone into executive pay back into other areas. Or if those funds are spent by the government instead of sitting in a Cayman Islands account. Money kept by those who already have so much that they cannot spend it is not stimulative.