Relevant and even prescient commentary on news, politics and the economy.

On the money comments…Krugman

Paul Krugman has two sentences on the money in this article on Kansas, ALEC, and failed economics:

The real lesson from Kansas is the enduring power of bad ideas, as long as those ideas serve the interests of the right people.

But the effect won’t last long, because faith in tax-cut magic isn’t about evidence; it’s about finding reasons to give powerful interests what they want.

Comments (11) | |