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Friday, November 2, 2012

Daily Kos: Read Paul Krugman's column - NOW

Daily Kos: Read Paul Krugman's column - NOW:


Read Paul Krugman's column - NOW

It is called The Blackmail Caucus.
He begins by laying out the start policy differences between the two candidates:
If President Obama is re-elected, health care coverage will expand dramatically, taxes on the wealthy will go up and Wall Street will face tougher regulation. If Mitt Romney wins instead, health coverage will shrink substantially, taxes on the wealthy will fall to levels not seen in 80 years and financial regulation will be rolled back.
 He suggests is it fine to decide between the two based on the policies they would follow.  He then attacks the alternative justification that is being offered, which he notes as follows:  
Lately, however, I’ve seen a growing number of Romney supporters making a quite different argument. Vote for Mr. Romney, they say, because if he loses, Republicans will destroy the economy.
That is how he takes on the notion, the major justification for the DesMoines Register endorsement of the Republican, that Romney will be better able to get things done. Before he addresses the endorsement specifically, he writes
The argument is phrased in terms of “partisan gridlock,” as if both parties were equally extreme. But they aren’t. This is, in reality, all about appeasing the hard men of the Republican Party.
Please keep reading.