04 Feb
Posted by: GAOUnionAdmin in: LEGISLATIVE/POLITICAL, SUGGESTIONS, PRESS CLIPPINGS
Fiscal Scare Tactics By PAUL KRUGMAN, New York Times Op-Ed Columnist, Published: February 4, 2010
True, there is a longer-term budget problem… But there’s no reason to panic about budget prospects for the next few years, or even for the next decade… Why, then, all the hysteria? The answer is politics… For the fact is that thanks to deficit hysteria, Washington now has its priorities all wrong: all the talk is about how to shave a few billion dollars off government spending, while there’s hardly any willingness to tackle mass unemployment. Policy is headed in the wrong direction — and millions of Americans will pay the price.
Did PAUL KRUGMAN have in mind former GAO head, Comptroller General David Walker, in this OpEd? In particular, was he thinking of The Scary Budget Numbers By David Walker, former Comptroller General, published in The Daily Reconing on January 25, 2010?
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