Paul Krugman: Going for Broke
Ever insightful, Paul Krugman's take on tonight's State of the Union--potentially the last of Bush's presidency--contemplates a rationale I had never considered. Since no one with any knowledge of numbers could believe Bush's promise to finance both permanent tax cuts and increases in numerous pie-in-the-sky programs (among them his trip to Mars), he must be planning to use a set of wonderful but impossible proposals to win, after which each promise will be discarded.
You have to believe that people will see through this. You have to hope that the media will call him on it, will write the analytical pieces that show, with colorful charts and compelling logic, that the nation can't afford what Bush is proposing.
It's been three years today since Bill Clinton said goodbye in an airplane hangar and President Bush promised to unite rather than divide us, to make things fairer and better for everyone in America. Tonight, Mr. Bush, you can start your farewell. The American people will be smart enough to see through you this time.
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