February 11, 2003
Andrew Sullivan Admits Paul Krugman Was Right All Along

If Paul Krugman had written this, I would have said that it is a little harsh and over-the-top. But it's from Andrew Sullivan, who has finally woken up to the fact that Paul Krugman has been right all the time in his harsh judgments of Bush Administration economic policy: www.AndrewSullivan.com - Daily Dish: ...BUSH'S ACHILLES HEEL: It's the economy, smarty-pants... the explosive rate of current government spending... the president's utter insouciance about how to pay for it... his latest budget removes any [excuse for giving him the benefit of the doubt]... worse than Reagan... ratcheting up discretionary spending... no signs whatever of adjusting to meet the hole he and the Republican Congress are putting in the national debt... illiterate flimflam.... But as the tables in the budget also showed, the tax cuts have also contributed significantly to the deficit - and they've barely taken effect yet... staggered that the budget does not contain any mention of the looming war. I guess you could make a semantic point about its not being inevitable - but not even as a possible contingency? Is that how an ordinary citizen plans his own budget?... an awful legacy in the making. In the first three...

Posted by DeLong at 03:14 PM