The Blackmail Caucus, a.k.a. the Republican Party The Republican Party in the Boehner era has had little understanding of economic or political facts, and it will probably get worse. nytimes.com|By Paul Krugman

Paul Krugman: “For me, Mr. Boehner’s defining moment remains what he said and did as House minority leader in early 2009, when a newly inaugurated President Obama was trying to cope with the disastrous recession that began under his predecessor.

There was and is a strong consensus among economists that a temporary period of deficit spending can help mitigate an economic slump. In 2008 a stimulus plan passed Congress with bipartisan support, and the case for a further stimulus in 2009 was overwhelming. But with a Democrat in the White House, Mr. Boehner demanded that policy go in the opposite direction, declaring that “American families are tightening their belts. But they don’t see government tightening its belt.” And he called for government to “go on a diet.” ”

The Republican Party in the Boehner era has had little understanding of economic or political facts, and it will probably get worse.
nytimes.com|By Paul Krugman

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