Krugman Views Tax Cuts as an “Expensive Proposition” But not “Stimulus” Legislation

American taxpayers are feeling a little nostalgic about former President Bush and his tax cuts. There's no question that they were just what the doctor ordered after the 9/11 terror attacks. But NYT columnist Paul Krugman is opposed to extending the cuts because he sees them as a giveaway to rich. The alternative approach he suggests is quite costly in its own right... Whatever voters may think of former President George W. Bush these days, they think very highly of their disposable income,...

Krugman’s Attack on Paul Ryan’s “Roadmap” Perpetuates Entitlement Myths

Rep. Paul Ryan (R-Wis.) has offered  a comprehensive, highly detailed plan for financial and economic renewal that has inspired small government activists across the country. It has also earned positive media coverage from left leaning sources that are normally hostile toward free market concepts. But the New York Times is not part of this mix. Columnist Paul Krugman claims Ryan's plan is an unrealistic giveaway to the rich. Meanwhile, entitlement spending is sustainable and responsible? Colu...

Economic Arguments Against Keynesian Proposals Can Balance Out Pro-Spending Coverage

With the 2010 mid-term elections approaching, time is running out for big spenders to force through new Keynesian measures and the New York Times is not pleased. A new report warns against the political fallout for Republicans who prioritize budget cuts over stimulus programs. There is limited value in the standard back and forth between competing lawmakers. Instead more economists should be permitted to debate the merits of new spending plans.. “Deficit Hawks” who are ambitious to roll back ...

Absence of Republican Obstructionism Should Be News Story

One man’s obstructionist is another man’s freedom fighter. U.S. Senate Republicans have been called out for supposedly blocking President Obama’s top domestic priorities throughout 2009. The Obama White House and liberal news organs have been quick to fix the “obstructionist” label on the opposition party in light of where the president’s legislative agenda currently sits.  And there’s history here. Under Republican presidents, Democrats have been accused of using parliamentary procedures ...

Boudreaux: He is We

From Don Boudreaux at Cafe Hayek: Here’s a letter that I sent this morning to the New York Times: Paul Krugman wants the House to pass the Senate’s current health-care bill because “the nation is waiting” (“Do the Right Thing,” Jan. 22). Ummm…. no.  Polls show that health-care ‘reform’ of the sort the Senate passed is now overwhelmingly unpopular.  Indeed, as Scott Brown’s victory makes clear, it’s unpopular even in Massachusetts – perhaps the most ‘Progressive’ state in the union.  ...