That’s what Paul Krugman thinks. I wish I knew what medication he is on. I would like some too.
Here is some more of his madness.
Watching our system deal with the debt ceiling crisis — a wholly self-inflicted crisis, which may nonetheless have disastrous consequences — it’s increasingly obvious that what we’re looking at is the destructive influence of a cult that has really poisoned our political system.
And no, I don’t mean the fanaticism of the right. Well, OK, that too. But my feeling about those people is that they are what they are; you might as well denounce wolves for being carnivores. Crazy is what they do and what they are.
No, the cult that I see as reflecting a true moral failure is the cult of balance, of centrism.
Think about what’s happening right now. We have a crisis in which the right is making insane demands, while the president and Democrats in Congress are bending over backward to be accommodating — offering plans that are all spending cuts and no taxes, plans that are far to the right of public opinion.
Imagine making insane demands like actually balancing the budget, or at least not running trillion dollar a year deficits before the credit rating agencies down grade us. Crazy!
Tags: economy, Paul Krugman, United States
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