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Paul Krugman | This Republican Economy

  • The Republican electoral strategy is, in effect, a gigantic con game: it depends on convincing voters that the bad economy is the result of big-spending policies that President Obama hasn't followed (in large part because the G.O.P. wouldn't let him), and that our woes can be cured by pursuing more of the same policies that have already failed.
  • For some reason, however, neither the press nor Mr. Obama’s political team has done a very good job of exposing the con.
  • GOP’s Austerity Chickens Come Home to Roost
  • Noam Chomsky: Suicidal Policies vs Occupy Wall Street (OWS) and Life!

Paul Krugman, New York (NY) Times

Submitted by Evergreene Digest Contributing Editor Jim Fuller


What should be done about the economy? Republicans claim to have the answer: slash spending and cut taxes. What they hope voters won’t notice is that that’s precisely the policy we’ve been following the past couple of years. Never mind the Democrat in the White House; for all practical purposes, this is already the economic policy of Republican dreams.

So the Republican electoral strategy is, in effect, a gigantic con game: it depends on convincing voters that the bad economy is the result of big-spending policies that President Obama hasn’t followed (in large part because the G.O.P. wouldn’t let him), and that our woes can be cured by pursuing more of the same policies that have already failed.

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Related:

GOP’s Austerity Chickens Come Home to Roost, Progress Report, ThinkProgress

  • It’s time for Republicans to stop sabotaging the recovery and start working with the president to put Americans back to work.
  • Collapse At Hand
  • Special Project | America's Financial Crisis: Week of  June 10

Noam Chomsky: Suicidal Policies vs Occupy Wall Street (OWS) and Life! Laura Flanders and Noam Chomsky, GRITtv

  • We’re a nation whose leaders are pursuing policies that amount to economic “suicide” Chomsky says. But there are glimmers of possibility.
  • America's Economic Suicide
  • Gloomy Economic Prospects