Paul Krugman | Thursday 20 January 2011
Who could have seen this coming?
The Washington Post editorial board was shocked (shocked!) to discover in early January that incoming congressional Republicans aren’t serious about deficit reduction.
“You could listen to their rhetoric — or you could read the rules they are poised to adopt at the start of the new Congress,” they wrote in a Jan. 2 editorial. “The former promises a new fiscal sobriety. The latter suggests that the new G.O.P. majority is determined to continue the spree of unaffordable tax-cutting.”
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