Monday, August 01, 2011

Paul Krugman, Worst Economist in the World {WEITW} August Winner already.

The Truth About Federal Spending
So we’re still left with a bit, around 1 point of GDP. That’s the stimulus, more or less. And there are two things you need to know about it. First, it’s temporary, and already fading out fast. Second, a large part of the stimulus “spending” was actually aid to state and local governments, intended not to expand spending but to avert a fall — that is, it was about maintaining government, not expanding it.

He will never understand conservatives, they might as well be blowing dog whistles around him. Didn't he post recently about listening more to help him understand other points of view? Oh yes... Listening to Others

He clearly sees no difference in a bloated central government and local governments that must be {more} responsive over time. Just as the city council in Santa Barbara has now gotten more conservative. I am not sure it will last but it certainly has changed with some feel-good liberal policies. That was especially evident in the restrictive housing ordinances-but strangely conservatives are pushing for that also. But the bigger issue seemed to be homeless shelters and marijuana dispensers.

Anyway, I suspect that most Tea Party members have no problem with services being provided by local governments and may even support some centrist or liberal points of view.

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