Paul Krugman’s Parallel Universes


New York Times’ columnist Paul Krugman wrote an op-ed piece today entitled “Senator Bunning’s Universe.”  Krugman attacks Bunning for temporarily holding up a temporary extension of unemployment benefits.  Then he broadens his attack on ”Planet G.O.P” in general.
Today, Democrats and Republicans live in different universes, both intellectually and morally.
Of course, in Krugman’s view the Republicans live [...]

Times’ Columnist Asks: What’s Behind Deficit Hysteria?


New York Times op-ed columnist Paul Krugman does not believe that tripling the federal deficit in one year’s time is anything to be concerned about.  He compares what he calls “fiscal scare tactics” to the “fear-mongering on weapons of mass destruction.”
Mr. Krugman needs some lessons in basic economics and the law of unintended consequences.  The [...]