Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

n2doc

(47,953 posts)
Fri Sep 18, 2015, 09:05 AM Sep 2015

Paul Krugman: Fantasies and Fictions at G.O.P. Debate

I’ve been going over what was said at Wednesday’s Republican debate, and I’m terrified. You should be, too. After all, given the vagaries of elections, there’s a pretty good chance that one of these people will end up in the White House.

Why is that scary? I would argue that all of the G.O.P. candidates are calling for policies that would be deeply destructive at home, abroad, or both. But even if you like the broad thrust of modern Republican policies, it should worry you that the men and woman on that stage are clearly living in a world of fantasies and fictions. And some seem willing to advance their ambitions with outright lies.

Let’s start at the shallow end, with the fantasy economics of the establishment candidates.

You’re probably tired of hearing this, but modern G.O.P. economic discourse is completely dominated by an economic doctrine — the sovereign importance of low taxes on the rich — that has failed completely and utterly in practice over the past generation.

Think about it. Bill Clinton’s tax hike was followed by a huge economic boom, the George W. Bush tax cuts by a weak recovery that ended in financial collapse. The tax increase of 2013 and the coming of Obamacare in 2014 were associated with the best job growth since the 1990s. Jerry Brown’s tax-raising, environmentally conscious California is growing fast; Sam Brownback’s tax- and spending-slashing Kansas isn’t.

more

http://www.nytimes.com/2015/09/18/opinion/paul-krugman-fantasies-and-fictions-at-gop-debate.html?_r=1

6 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Paul Krugman: Fantasies and Fictions at G.O.P. Debate (Original Post) n2doc Sep 2015 OP
Paul again nails it. R&K nt longship Sep 2015 #1
No soup for you Xi Jinping! lamp_shade Sep 2015 #2
K&Rugman! n/t Martin Eden Sep 2015 #3
Yet the hold of this failed dogma on Republican politics is stronger than ever, with no skeptics pampango Sep 2015 #4
People will believe it because no one is pointing out the lies n2doc Sep 2015 #5
K & R n/t xocet Sep 2015 #6

pampango

(24,692 posts)
4. Yet the hold of this failed dogma on Republican politics is stronger than ever, with no skeptics
Fri Sep 18, 2015, 11:20 AM
Sep 2015

allowed.

On Wednesday Jeb Bush claimed, once again, that his voodoo economics would double America’s growth rate, while Marco Rubio insisted that a tax on carbon emissions would “destroy the economy.”

The only candidate talking sense about economics was, yes, Donald Trump, who declared that “we’ve had a graduated tax system for many years, so it’s not a socialistic thing.”

If the discussion of economics was alarming, the discussion of foreign policy was practically demented. Almost all the candidates seem to believe that American military strength can shock-and-awe other countries into doing what we want without any need for negotiations, and that we shouldn’t even talk with foreign leaders we don’t like. No dinners for Xi Jinping! And, of course, no deal with Iran, because resorting to force in Iraq went so well.

The real revelation on Wednesday, however, was the way some of the candidates went beyond expounding bad analysis and peddling bad history to making outright false assertions, and probably doing so knowingly, which turns those false assertions into what are technically known as “lies.”

As Krugman describes, once you learn to ignore history and science, one can loudly and proudly proclaim any voodoo economics or 'science' and assume people will believe it.

n2doc

(47,953 posts)
5. People will believe it because no one is pointing out the lies
Fri Sep 18, 2015, 11:23 AM
Sep 2015

We just saw an example of this in the recent republican debate. The media are a bunch of sycophants who just want the candidates to put on a show.

Voices of logic and reason, like Krugman, are few and far between, and don't get on prime time.

Latest Discussions»General Discussion»Paul Krugman: Fantasies a...