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Legal Commentary

: LawPundit

Nobel Prize Winning Economist Paul Krugman Has it Right at the New York Times - America Goes Dark, Gravelly and Uneducated Rather than Opt for Greater Income Equality

By Andis Kaulins

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Paul Krugman is rightly waving a gigantic red danger flag in his op-ed to the New York Times: America Goes Dark. How many of you thought that was ethnic? In fact, Krugman writes:
"In effect, a large part of our political class is showing its priorities: given the choice between asking the richest 2 percent or so of Americans to go back to paying the tax rates they paid during the Clinton-era boom, or allowing the nation?s foundations to crumble ? literally in the case of roads, figuratively in the case of education ? they?re choosing the latter.

It?s a disastrous choice in both the short run and the long run."

Full post as published by LawPundit on August 10, 2010 (boomark / email).

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