Krugman: Kids Will Pay the Price for Spending Cuts
According to New York Times econo-whiz Paul Krugman, all this emphasis on austerity will not be good for posterity. In his latest column, Krugman slams the GOP for claiming to be all about the kids while stacking the deck against them with "draconian" budget cuts.
According to New York Times econo-whiz Paul Krugman, all this emphasis on austerity will not be good for posterity. In his latest column, Krugman slams the GOP for claiming to be all about the kids while stacking the deck against them with “draconian” budget cuts. –KA
Dig, Root, GrowThe New York Times:
Now, politicians—and especially, in my experience, conservative politicians—always claim to be deeply concerned about the nation’s children. Back during the 2000 campaign, then-candidate George W. Bush, touting the “Texas miracle” of dramatically lower dropout rates, declared that he wanted to be the “education president.” Today, advocates of big spending cuts often claim that their greatest concern is the burden of debt our children will face.
In practice, however, when advocates of lower spending get a chance to put their ideas into practice, the burden always seems to fall disproportionately on those very children they claim to hold so dear.
Consider, as a case in point, what’s happening in Texas, which more and more seems to be where America’s political future happens first.
This year, we’re all on shaky ground, and the need for independent journalism has never been greater. A new administration is openly attacking free press — and the stakes couldn’t be higher.
Your support is more than a donation. It helps us dig deeper into hidden truths, root out corruption and misinformation, and grow an informed, resilient community.
Independent journalism like Truthdig doesn't just report the news — it helps cultivate a better future.
Your tax-deductible gift powers fearless reporting and uncompromising analysis. Together, we can protect democracy and expose the stories that must be told.
This spring, stand with our journalists.
Dig. Root. Grow. Cultivate a better future.
Donate today.
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.