Friday, March 27, 2015

Paul Krugman: Republicans Are Running A Con Game On America

One of the best thing’s about Paul Krugman is how he regularly skewers Republican talking points. For instance, Republicans have been running around with their hair on fire for years now, insisting that Obamacare would destroy jobs and that raising taxes on the rich would finish the job. But, as Krugman points out:

Well, in the first year of the Affordable Care Act’s full implementation, the U.S. economy as a whole added 3.3 million jobs — the biggest gain since the 1990s. Second, half a million of those jobs were added in California, which has taken the lead in job creation away from Texas.

You’d think that after years of being wrong, and one full year of being breathtakingly wrong, that Republicans would at least begrudgingly admit that maybe Democrats have a point. After all, California’s Governor Jerry Brown raised taxes on the rich. The result? After year’s of massive budget deficits, California has a massive surplus and the world’s eighth largest economy has exploded. Meanwhile, the dreaded Obamacare has dramatically slowed the growth of healthcare premiums, insured millions of people that lacked even basic coverage and even come in under budget. All of which is indisputably good for the economy.

But, you’ll be shocked to learn, Republicans don’t care about these facts. Partly, I’m sure you’ve guessed, in the GOP’s unprecedented hatred of Obama and the fact that he even exists. But most of it is the mile high pile of bullshit that Republicans must sell the country in order to justify their very existence.