Monday, August 24, 2009

The return of the Reagan Zombies attack Wall Street

Sounds like a Halloween flick. The scariest thing is that it is real. Few people seem to get that it was Reaganomics that caused a second Great Depression that we (hopefully) have narrowly escaped from. The anti-government doctrine of Reaganism just won't die, no matter how many times it is killed dead.

Paul Krugman explains it well in today’s New York Times:

All the President’s Zombies

By PAUL KRUGMAN
Published: August 23, 2009
http://www.nytimes.com/2009/08/24/opinion/24krugman.html?_r=1&partner=rss&emc=rss

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