Paul Krugman: The Crazies and the Con Man

How will the chaos that the crazies, I mean the Freedom Caucus, have wrought in the House get resolved? I have no idea. But as this column went to press, practically the whole Republican establishment was pleading with Paul Ryan, the chairman of the Ways and Means Committee, to become speaker. He is, everyone says, the only man who can save the day.

What makes Mr. Ryan so special? The answer, basically, is that he’s the best con man they’ve got. His success in hoodwinking the news media and self-proclaimed centrists in general is the basis of his stature within his party. Unfortunately, at least from his point of view, it would be hard to sustain the con game from the speaker’s chair.