Saturday, December 11, 2010

Krugman Criticizes Implementation Of His Policies

Paul Krugman attacks a Tea Partu-backed candidate in Nassau county for having reduced taxes without offsetting spending cuts. But isn't tax cuts unmatched by spending cuts a form of fiscal stimulus, which is to say what Krugman have spent the last few years saying we should have? So Krugman is actually here criticizing someone for pursuing the same form of policy that he advocates.