Wednesday, February 04, 2009

Krugman; Please Listen To This Guy-Link

Great post on Paul's blog today, he's calling for Obama to resist the urge to appease Republicans and just stimulate the economy already,
I thought this section caught the kernel of what he's been advocating for months now.

You see, this isn’t a brainstorming session — it’s a collision of fundamentally incompatible world views. If one thing is clear from the stimulus debate, it’s that the two parties have utterly different economic doctrines. Democrats believe in something more or less like standard textbook macroeconomics; Republicans believe in a doctrine under which tax cuts are the universal elixir, and government spending is almost always bad.

This Krugman fellow is a Nobel Prize winner in economics, ignore him at your peril.

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