Friday, December 31, 2010

Do You Believe in Magic?

http://www.nytimes.com/2010/12/31/opinion/31krugman.html?_r=1&hp

The GOP House leadership has adopted budget magic as its formula for success. It belives that the magic will work because it also believes that American voters believe in magic. They will probably believe the GOP when they are told that tax cuts do not have to be paid for with spending cuts because everyone loves tax cuts. On the other hand, everyone hates government spending so spending increases in one area must be paid for by cuts elsewhere.

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