01 October 2012

Krugman: Referendum on New Deal does not translate to Deficit Reduction as a priority

Paul Krugman's column today does a fine job of explaining how this election has become a referendum, all right, but not on Obama's presidency, but rather on the legacy of the New Deal --  and why embracing something like the Simpson/Bowles deficit reduction plan after the election would be a huge mistake. 

I agree with Krugman completely on these points. 

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