Huffpost Business

This Republican Economy

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PAUL KRUGMAN
Nobel prize winner for Economy Sciences Paul Krugman of the US listens to questions during a press conference after his lecture at Aula Magna auditorium at Stockholm University on December 8, 2008 in Stockholm. (OLIVIER MORIN/AFP/Getty Images) | Getty File

What should be done about the economy? Republicans claim to have the answer: slash spending and cut taxes. What they hope voters won’t notice is that that’s precisely the policy we’ve been following the past couple of years. Never mind the Democrat in the White House; for all practical purposes, this is already the economic policy of Republican dreams.

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