Paul Krugman laments that “for the past 30 years our political scene has been dominated by the view that any and all government spending is a waste of taxpayer dollars” and chastises the “penny-wise, pound-foolish behavior that passes for ‘fiscal responsibility’ in Washington (“The Uneducated American,” Opinion, October 9).”
Is Dr. Krugman referring to the same Washington, DC where George Bush and his fellow Republicans were allowed to embark on a reckless eight year spending spree? Is he referring to the same Washington that earlier in the year projected record budget deficits?
There is an infinite amount of criticism that could be hurled at the politicians in Washington but fiscal prudence certainly isn’t one of them.
Friday, October 9, 2009
Here is a letter I sent to The New York Times in response to Paul Krugman's op-ed from today: