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Friday, December 10, 2004

From Rex Babin.

BTW, Paul Krugman has made a reappearance on the NY Times op-ed page, writing two good columns on the Social Security privatizing swindle. He concludes the second thusly:
If Mr. Bush were to say in plain English that his plan to solve our fiscal problems is to borrow trillions, put the money into stocks and hope for the best, everyone would denounce that plan as the height of irresponsibility. The fact that this plan has an elaborate disguise, one that would add considerably to its costs, makes it worse.

And maybe the fact that serious financial experts, the sort qualified to be Treasury secretary, understand all this is the reason why John Snow has just been reappointed.