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Politics : Politics for Pros- moderated

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To: carranza2 who wrote (107601)	4/4/2005 1:10:44 PM
From: Mary Cluney	of 794091

One of your faves, Krugman, is so wrong so much and so often, he should be wearing a dunce cap by now. His rants are merely ideology and propaganda masking as journalism. The problem with economics is that it is not a hard science. You have to start with a lot of assumptions. Legitimate economists will disagree. I think it was Harry Truman who said he hated those two handed economists - on the one hand.....and then on the other..... In the Clinton administration, Bill Clinton was intellectually strong enough to get heavyweight help (in Robert Rubin) from the business community to help manage the economy. From accounts from the former Secretary of the Treasury, Paul O'Neill, this President does not allow for complexity and or discussion. Yet, he is not knowledgeable enough about economic matters to manage the economy himself. What we have now is an economy without direction. We are getting deeper and deeper into debt. We are fighting a war that we can't afford to fight. We don't even know how much it will cost. At least with Democrats, if they are giving away free lunches to poor students, there is at least some hope that the poor students can turn out to be better citizens and help the economy grow - even though the money can better be used invested in other areas. We know that Karl Rove is the architect on the political side. Who is the architect of our current economic policy? Do we have one? Who is it and what is it?

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