A Day Without Krugman Would Be A Day Without....The TruthIf Mr. Bush had admitted from the start that the postwar occupation might cost this much, he would never have gotten that last tax cut. Now he says, "We will do what is necessary, we will spend what is necessary. . . ." What does he mean, "we"? Is he prepared to roll back some of those tax cuts, now that the costs of war loom so large? Is he even willing to stop urging Congress to make the 2001 tax cut permanent? Of course not.
Read the rest and an article about Krugman's new book here in Salon, although you have to do their "Day Pass" thing if you're not a subscriber.