10 September 2012

The secret GOP meeting to destroy the economy in time for 2012

By Gaius Publius
on 9/10/2012 04:01:00 PM

Yep, welcome back to me — I return in time to see Paul Krugman's tale of Republican destruction of American lives and futures for political gain. This is actually a two-parter.

One, The Professor calls the Republican Party on its Shermanesque March to the White House, burning everything in its path. A joyful return indeed (my usual emphatic and paragraphic intrusions):
Does anyone remember the American Jobs Act? A year ago President Obama proposed boosting the economy with a combination of tax cuts and spending increases, aimed in particular at sustaining state and local government employment. Independent analysts reacted favorably. For example, the consulting firm Macroeconomic Advisers estimated that the act would add 1.3 million jobs by the end of 2012. ...

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