“For Social Security is a government program that works, a demonstration that a modest amount of taxing and spending can make people’s lives better and more secure. And that’s why the right wants to destroy it”. –Paul Krugman
That’s Paul Krugman a couple days ago.
However, Paul Krugman is on record calling the shortfall a “crisis” that was “so huge as almost to defy comprehension”.
The difference? Administrations. We are now under a Republican Administration, where his previous comment was under a Democrat Administration.
This is the primary reason I have stopped taking Paul Krugman seriously. He has become such a partisan democrat that he sounds more like Al Sharpton than an economist.
HatTip: WashingtonTimes Insider.
Update: More On Paul Krugman Flip Flops.
Update: Even more on Paul Krugman.
Update: Analysis has more.