By Paul Krugman
New York Times
Suddenly, the economic consensus seems to be that the implosion of the housing market will indeed push the U.S. economy into a recession, and that it’s quite possible that we’re already in one. As a result, over the next few weeks we’ll be hearing a lot about plans for economic stimulus.
Since this is an election year, the debate over how to stimulate the economy is inevitably tied up with politics. And here’s a modest suggestion for political reporters. Instead of trying to divine the candidates’ characters by scrutinizing their tone of voice and facial expressions, why not pay attention to what they say about economic policy?
In fact, recent statements by the candidates and their surrogates about the economy are quite revealing.
More insight after the click ...
My comment: Don't go quoting the party line, "tax cuts pay for themselves" unless you've actually, PERSONALLY looked up the numbers. (Hint: For the most part, they just simply don't.)