Friday, February 6, 2009

Paul Krugman Tries To Set the Record Straight

So Talking-Points Memo already posted this clip but it's a good one, as Krugman explains how silly the tax cut as panacea philosophy is. He also does a good job of reminding ideologues like Pat Buchanan of how tax raises under Clinton coincided with the largest peacetime expansion of the economy in history. Anyways, I should let the clip speak for itself. The good back and forth starts at the 4 minute mark.

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