The Undecade

Krugman on the necessity of Republicans to rewrite history to make their agenda viable:

The point about the fake history that expunges the Clinton years is that it turns the budget into a story in which nobody is at fault because everyone is at fault, and the problem is a generic issue of runaway spending. No, it isn’t; we would have come into this crisis with very little debt if the GOP hadn’t always insisted on tax cuts.

It’s revenue, not spending. The party that made “stave the beast” a platform of its campaigns didn’t cut taxes for you, they cut them to unbalance the budget to create a justification for savage cuts.

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