Monday, July 18, 2011

Are They Insane?

(Excerpted from the 7/14/11 column by Paul Krugman, published in the NY Times. For the full column, click "NY Times" under Buster's Links.)


A number of commentators seem shocked at how unreasonable Republicans are being. "Has the GOP gone insane?", they ask.

Why, yes, it has. It's the culmination of a decades-long process. The modern GOP does not accept the legitimacy of any Democratic President (see Clinton then, Obama now). As a result, they are automatically against anything a Democratic President wants, even if they've supported similar proposals in the past.

Voodoo economics has taken over the GOP. Supply-side voodoo -- which claims tax cuts pay for themselves and/or that any rise in taxes leads to economic collapse -- has been a powerful force in the GOP since Reagan.

The GOP has gone off the deep end. If you're surprised, that means you were part of the problem.