The Deceptional Paul Krugman
Donald Luskin has blogged another brilliant deconstruction of Paul Krugman's latest rantings in the New York Times. I'm in awe. Read the whole thing.

I read the Krugman column Luskin links to and found it odd that Krugman wrote this sentence:

"If we are ever to balance the budget again, many of the Bush tax cuts will have to be reversed once the economy recovers."

Krugman argues that the tax cuts didn't help the economy recover. Okay. I don't happen to agree. But that's his position. So, then, then why does he argue the tax cuts be reversed after the economy recovers, rather than be reversed right now, given that he thinks the federal budget deficit is such a big bad bogeyman? Does Krugman think that raising taxes now would harm the economic recovery? It appears so. If that's the case, then Krugman has essentially - though, no doubt, accidentally - admitted what normal people know in their gut: higher taxes hurt the economy, lower taxes help it.