Paula’s heart-throb opines in this NYTimes Editorial that the 10 year period from 1999 to 2009 should be labeled the “Big Zero” – as in zero net gain in any economic sense. Job Growth = zero; housing value gains = zero; economic gains for the typical family = zero; read the article there are more zeros to behold.
Krugman is distressed by our nation’s inability to learn from its recent mistakes. He pointedly chides Republicans, whose policies of tax cuts and deregulation fostered in this economic mess, now are loudly recommending tax cuts and deregulation.
Paul stops short of saying it, but let me help him, Libertarian stupidity is beyond help – let’s drown them all in Grover Norquist’s bathtub – he probably wouldn’t even notice…
I really don’t want to drown anyone, but I thought the allegory was too good to pass up.