This is a fairly damning op-ed fairly early in the game, especially when we're entering a difficult economic period. Krugman sums up the state of the current Bush economic policy fairly well, I think. That is to say, he takes what was said and let's the rest of us know what was true and what was purely spin for a tax cut. Also, I really liked the brief discussion of Monetarism and how Bush's economists have backed away from it while they're trying to hammer through their tax cut. Anyway, my brother has advocated Krugman in the past and this op-ed shows just how valuable a mind like is will be in the years to come as we're exposed to endless trains of economic double-speak.
- posted by levinson @ 1/10/2001 08:01:00 AM