Friday, July 06, 2001
Yikes! Krugman lashes out at all things related to W and the economy and points the finger straight at the tax cut. Not only that, but he takes the bold step, rarely taken by the largely sheepish media, of predicting (with an 85% reliability) what the spin will be over the next year or so. First we'll hear that it's the economy that's making the surplus slip. Then we'll raid Medicare. Finally, his prediction is that as early as next year we'll have to attack Social Security. Very little relief is in site, but ample opportunity exists for opponents of the administration to castigate them over the cut by continually proposing to roll back the tax cut. W can't do that or else he'll look like his father and be out of the next race before he's even in it. It's not quite "Read My Lips" yet, but it has plenty of potential.