« Duke Invites Lacrosse Players Back To Campus | Main | Ultraliberal Justice Stevens: "I see myself as a conservative, to tell you the truth, a judicial conservative" »
January 03, 2007

Hysterical: Krugman & The Angry Left Suddenly Embrace Deficit Spending -- Now That A Dem Congress Can Spend Money On Social Programs

Remember all that crap about needing to rebuild the surplus and spend within our means?

The left doesn't.

Turns out -- if you can believe this -- it was nothing but election-year lies.

I don't know how I can soldier on. The world doesn't even make sense to me anymore.

When the GOP controlled Congress, Krugman devoted column after column to what he called America’s “fiscal train wreck,” “fiscal catastrophe,” and “fiscal quagmire,” and President Bush’s “sheer banana-republic irresponsibility.” Of course, when Democrats were out of power they followed Krugman’s deficit-hawk lead. Hillary Clinton worried about the “staggering federal deficit.” Nancy Pelosi warned about “mountains of debt.” Barack Obama fretted about “our structural deficit problem.” And John Kerry raved about “fiscal cancer.” But now they can follow Krugman’s new deficit-embracing talking points. He’s got it all figured out: Surpluses are bad; deficits are good.

According to Krugman, while the budget surplus of 1998 to 2001 was “a bad thing, because it greased the rails for Mr. Bush’s irresponsibility,” Democrats today can “let the deficit be.” He writes,

By spending money well, Democrats can both improve Americans’ lives and, more broadly, offer a demonstration of the benefits of good government. Deficit reduction, on the other hand, might just end up playing into the hands of the next irresponsible president.

Let me get this straight. Liberals whined for years about Reagan's supply-side deficits, which effectively hamstrung them from increasing spending.

So their new plan is to... rack up massive demand-side deficits to hamstring Republicans from further tax cuts?

One would begin to imagine, if one were cynically-minded, that our Democratic leaders are not being precisely straight with us.


digg this
posted by Ace at 05:46 PM

| Access Comments




Recent Comments
Count de Monet: "Damn. Nolan Ryan's a fat, bald, old guy! Posted ..."

Christopher R Taylor: "Falling Down is a terrific movie. Great acting by ..."

Robin Ventura: "[i]Damn. Nolan Ryan's a fat, bald, old guy! Pos ..."

Duke of Righteous WTF?: "A movie with a hidden baseball theme is "Cannery R ..."

Anna Puma (HQCaR): "You have seen they have remade [i]Flatliners[/i], ..."

tcn in AK: "Yes, the damn Yankees must lose. And then the Astr ..."

mnw: "She looked damn good in Pretty Baby. Anybody who ..."

scrood: "Wait a minute.  When did Morons get picky abo ..."

Ashley Judd's Puffy Scamper, aka MrCaniac: "Not crazy about Sarandon, but she was smoking hot ..."

Deplorable Ian Galt, still loving the Cubs, trying not to jinx the Asstros: "One fascinating little documentary I saw on Netfli ..."

logprof: "576 Jacob's Ladder was really good, I agree. Incre ..."

Christopher R Taylor: "[i]And Mario van Peebles needed his screen-time cu ..."

Recent Entries
Search


MuNuvians
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat
Archives
Powered by
Movable Type 2.64