Battle of the Pauls: Why Krugman's Attack on Rep. Ryan Falls Flat

According to Paul Krugman Republican politics is characterized by pathological dishonesty. That is to say, he feels that many Republicans in Congress, in their heart of hearts, understand certain things – that stimulus is good, that budget cuts are bad, and that deficits are neither good nor bad – it’s just that they are too…
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Higher Taxes and More Spending Dominate Democrats' Various Budgets

In the 19th century historian Thomas Carlyle gave economics its now-famous label of the “the dismal science.” Indeed, his writings went even further, labeling the discipline a “dreary, desolate and, indeed, quite abject and distressing [science].” The reason was simple – economics is the study of trade-offs, given scarce resources how do individuals maximize their…
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Democrats' Attack on Ryan Plan Reveals the Depth of Our Budget Crisis

As expected, the liberal response to Rep. Paul Ryan’s “Path to Prosperity” budget resolution has been vociferously negative. Rather than attack the plan on its merits, liberals have taken the easy way out by ignoring reforms and simply labeling everything a drastic cut. To see just how disingenuous this type of political attack is just…
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Ryan's Budget Provides Path to Prosperity for America's Youth

It’s a sad indictment of today’s political discourse that the quality of a proposal can almost invariably be judged by the vehemence of the adjectives used to describe it. The more extreme the rhetoric liberals choose to demagogue an idea, the better that idea probably is. So far I’ve heard the words “disturbing,” “extreme,” and…
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