In his most recent column for the New York Times, Paul Krugman said California’s big budget deficits are caused by irresponsible tax cuts and that feckless Republicans are to blame. Set aside for the moment that the state is dominated by Democrats, and that he’s using the familiar leftist line that many Democrats are now using to attack the Bush tax cuts. How about Krugman’s budget math? (He is an economist after all.) Well, according to the Krugman Truth Squad, there are a lot of bugs in how he adds things up. Which brings us to the “ZAAAAAAAAP!” — that’s the sound of another Krugman bug flying into the purple light of truth. To hear all the fresh kills, click here.
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