Paul Krugman, anticipating Federal Reserve Chairman Ben Bernanke imitating flyboy George W. Bush from summer 2003 and declaring the recession, like the Iraq war, as “over,” pre-emptively takes him to the woodshed. He then pounds the drums for more federal stimulus, even citing the deficit-averse IMF in his favor.
Of course, the dishonest conservatives who claim FDR made the Depression worse (not true, he cut unemployment in half his first term, only to THEN worsen it again by trying to balance the budget) don’t want to listen.
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
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