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View Diary: Krugman: IMF World Economic Outlook Report Confirms "Republicans have been wrong about everything." (65 comments)

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  •  Only because it fits their ideology (8+ / 0-)

    and it's a talking point to bash the Democrats.

    They don't believe in a balanced budget, and never have. Reagan and BushII are the biggest offenders in our history.

    Do they really believe that if the government stops spending that the economy will suddenly recover? They don't but their ideology is no government interference in the affairs of the super rich.

    In terms of economic policy, the Republican plan is completely contrary to stimulating a recovery. The rich are holding onto their wealth and the rest of us are trying to recover from too much debt, caused in part because the wealthy took most of the GDP gains over the last 30 years. They won't invest their money because there are few opportunities for investment thanks to their thirty years of greed and the resultant damage to the broad consumer base.

    Krugman knows all of this well, but being a scientist he needs hard data like that provided by the IMF. I'd would like to sit down with him sometime and hear what he really believes. I'll bet that it's something like, we can't manage our country economically with one of the major parties totally divorced from economic reality.

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