Ray-Ray, Boo, Chico, Pookie and Today’s Political Economy

black construction worker

Carl Bloice: ‘The president and his aides know that the G.O.P. approach to the budget is wrongheaded and destructive,” New York Times columnist Paul Krugman wrote March 11. “But they’ve stopped making the case for an alternative approach; instead, they’ve positioned themselves as know-nothings lite, accepting the notion that spending must be slashed immediately – just not as much as Republicans want.