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The So-Called "Torture Memos"...Why Democrats Suck On National Security »
April 17, 2009
Krugman: FDR fucked up by raising taxes
Is Krugman thinking about going "off the reservation"?
...History shows that one of the great policy dangers, in the face of a severe economic slump, is premature optimism. F.D.R. responded to signs of recovery by cutting the Works Progress Administration in half and raising taxes; the Great Depression promptly returned in full force...