Tuesday, February 23, 2010

The Bankruptcy Boys
Paul Krugman on the GOP strategy of doubling down on their 'starve the beast' bet, inviting fiscal catastrophe.

At this point, then, Republicans insist that the deficit must be eliminated, but they’re not willing either to raise taxes or to support cuts in any major government programs. And they’re not willing to participate in serious bipartisan discussions, either, because that might force them to explain their plan — and there isn’t any plan, except to regain power.