News on Politics and Religion with Rants, Ideas, Links and Items for Liberals, Libertarians, Moderates, Progressives, Democrats and Anti-Authoritarians.
Friday, March 04, 2005
Krugman: Deficits and Deceit
The middle class won't give up programs that are essential to its financial security; the right won't give up tax cuts that it sold on false pretenses. The only question now is when foreign investors, who have financed our deficits so far, will decide to pull the plug.t