Tuesday, October 14, 2008

Krugman: "Not guaranteed to work"

Capital may work, of course. Paul Krugman has been for it, for a while now, in fact.

It's not a certain strategy, and he said so this morning, on television (CNBC).

It's *certainly* not a riskless strategy or a self-funding one for the tax-payers!

As far as a Bush Administration proposal, then, it falls into the same vein as their 'war plans' and their 'tax cuts':

HOPE FOR THE BEST AND DON'T PLAN FOR THE REST!

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