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Krugman: "The Punishment Cure"

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is his well-reasoned takedown of the Republican approach to our current economic situation in this op ed in Monday's New York Times.

His first paragraph reminds us of all those about to lose unemployment insurance because of the Republican theories about the economy, which are clearly wrong, but to which they are sticking.  After offering the two-word holiday greeting - in the proper form for Sarah Palin, Bill O'Reilly and Rush Limbaugh ("Merry Christmas.") - Krugman writes

Now, the G.O.P.’s desire to punish the unemployed doesn’t arise solely from bad economics; it’s part of a general pattern of afflicting the afflicted while comforting the comfortable (no to food stamps, yes to farm subsidies). But ideas do matter — as John Maynard Keynes famously wrote, they are “dangerous for good or evil.” And the case of unemployment benefits is an especially clear example of superficially plausible but wrong economic ideas being dangerous for evil.
And we are off to the races with another very much on point Paul Krugman column.

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