A Case For Fiscal Discipline That Is Not A Tirade
Every day I read the NYT, and thankfully the paper has saved me some time because often the Op/Ed page is not enlightning or entertaining. With that said, I still peruse the economic arguments because I firmly believe in keeping track of smart opinions even when they don’t conform to your own. Sometimes it makes me annoyed, as when Charles Blow seems to find a way to link every single negative development in the world into a conspiracy against minorities and is perpetrated by whites. Sometimes it just makes me angry, as when Paul Krugman leads off articles by claiming that any person with a brain can see how not just stimulus, but much greater stimulus, is the only answer here, and that those looking for fiscal discipline are at best misguided idiots or at worst demonic right-wingers that want the US to fail.
Enter David Brooks’ article today, where he takes a 30,000 ft view of how many reasoned people around the world are looking more at fiscal restraint than uncontrolled spending as a potential solution to the current economic crisis. The linked article is well worth the read.
Read the original story at H. S. Dent
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