advertisers and media outlets that continue to support these crackpot ideas.

Milton Friedman has been proven to promulgate crackpot ideas. As has Hayak; the U of Chicago Econ Dept; the editorial pages of the WSJ and Barrons, etc.

His histories are only one step above David Barton's crypto-Confederate fantasies, and he's a deplorable human being more interested in self-promotion than academia.

Not a science. It is not surprising that the cultists are illogical and irrational.

Willful ignorance.

I read those, and its like afterthoughts instead of really digging in to the points he's making.

One huge thing he seems to miss in his battle, however commendable, against austerity is the tax side.

It would weaken the case for austerity if the Bush tax cuts had expired.

Just like that, the ten year deficit would be $3.7 trillion stronger.

And yet Krugman thought that ATRA, which created that $3.7 trillion tax cut, mostly for the rich, was a good idea.

Yet Obama is now in the SAME ridiculous position as the Republicans. Claiming the country NEEDS $1.7 trillion in spending cuts, while at the same time having given $2.4 trillion in tax cuts to the top 20%.

"And yet Krugman thought that ATRA, which created that $3.7 trillion tax cut, mostly for the rich, was a good idea. "

...you post this claim, I'll remind you that it's nonsense. http://election.democraticunderground.com/?com=view_post&forum=1002&pid=2766803