Red Ink Realities
Paul Krugman has been making his case about the real intent behind President Bush's budget for quite a while now, and here he tackles a new wrinkle--calls from the far right to curtail spending ever further because Bush's "bloated budgets" are creating deficits. This is exactly what Krugman predicted: the right is blaming spending for the shortfall rather than the real culprit, a reduction in tax collections to a level lower than any since World War II. Take a look. I especially like Krugman's call for the Democrats to harness this as a campaign issue and explain what's really happening to the American people.
And yes, it's at nytimes.com, and you'll have to register. But it's free, and you can't find content like this just anywhere. There are worse people to give your email address.
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