Join Date: Nov 2001
Location: Been there, done that...
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I went to the Krugman discussion tonight, which was very well attended. There were at least 1200 people in attendance. Krugman paints a pretty bleak picture of the future of this country. The radicals are in control now, and are determined to eliminate any kind of social safety net. They want to eradicate all of the social programs of FDR, LBJ and even Nixon. These guys are so far right that they actually make Nixon look liberal. Can you believe that?
Clearly, the future of this country is economic ruination, unless we do an about face very quickly. Krugman mentioned this is the only time he was able to find in history where a country actually cut taxes as it went to war. He said we are heading for a Wile E. Coyote moment (this will also appear in Tuesday's Times column), where the coyote runs off a cliff and doesn't realize it until he is several steps over the edge, and he suddenly falls to earth.
Although he didn't state this, I suspect he would agree that the gross economic mismanagement we are witnessing now will do much greater harm and damage to this country than a dozen Al Qaedas could ever hope to do.