Thursday, June 02, 2011

Krugman: The Austerity Delusion
or:
Jobs Now, Deficits Later

Can't believe I missed this.  I'm ignorant of economics, so what do I know? But for years I've obsessed about the debt and the deficit, and, even in the face of that obsession, "jobs now, deficit later" has seemed to me to be the only rational position. How is it that the GOP seems to latch onto exactly the wrong position over and over again? It's genuinely baffling.

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