Krugman Responds to Newt's Jab
Tuesday, September 28, 2010
(Chip Somodevilla/Olivier Morin/Getty)
"Look, Krugman is an extraordinary left-wing intellectual who has no concept of how the market works. The fact is, the way we balanced budgets in the 1990s was, we cut taxes and increased economic growth."
"He's confirming what I've been saying in my columns. Republicans have shifted from the war on terror to the war on arithmetic. Your numbers just do not add up. He talks about the 90s as this great period - in the 1990s Bill Clinton raised taxes."
What do you think? At a time when the tax debate is raging, what do you think about the intersection of economic research and politics? Who do you trust?