Boy how i would love to see a debate between you and Krugman.
By the way Krugman doesnt believe half of what you said. "A govt accountable to no one".Please. i could simply say you believe in Banks, Oil companies and large corporations accountable to no one. Does that make it true?
What you should of said is Krugman is a liberal economist who recieved a
Nobel prize for his work on trade theory.
Doesnt make him infallable but he is pretty damn smart about economics and deserves a little more respect then you showed him.
i wish the stimulus had been more directed to infrastructure projects and less toward tax cuts (that came and went quickly). From my reading of it the overwhelming majority of economists (conservatives and liberals) believe stimulus is more effective than tax cuts for a recession such as ours. As you would quess the Republicans steered more of the stimulus money toward tax cuts which didnt help very much.
I did read the Parade article, but its been a while. When i have another chance i will read it again and comment more specifically.
I was under the impression that Bush/Cheney eliminated many regulators
and regulations. If they didnt eliminate regulators then i wonder why? But either way its clear that there is a dearth of effective regulators where they are sorely needed (think oil companies, think Banks, mortgage companies, pharmaceutical industry, food industry etc.) So if you can figure out a way to lower the # of regulators and make them more effective i am TOTALLY all for it. I think maybe part of the problem is that Bush/Cheney were not particular strong supporters of regulating.
Most people agree that we went WAY too far in one direction and that is why we have ended up with the mess we are in. I believe thats a fairly widespread understanding of what went wrong. Would you agree that Paul Volcker is not a particularly radical individual? Well he is pushing for many of the new regulations of the banking industry.
I know you believe that govt (federal, state, and local) has very many important funtions in serving its citizens so maybe you are just SOUNDING
like you dont like Govt at all. You still SOUND a little too much like your spouting simplistic talking points. IF only it was as simple as you suggest.