02 May 2008

Paul Krugman: Party of Denial

During Barack Obama’s Sunday appearance on Fox News, the interviewer asked him for an example of “a hot-button issue where you would be willing to buck the Democratic Party line” and say that Republicans have the better idea.

Mr. Obama’s answer was puzzling because he gave credit where it isn’t due — and thereby undermined what could be a very effective Democratic line of argument.

In particular, Mr. Obama attributed to Republicans the idea that regulation can be flexible rather than a matter of “top-down command and control,” and in particular for the idea of controlling pollution with a system of tradable emission permits rather than rigid regulations.

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