Consider publicly funded elections Paul Krugman’s column makes excellent points [“The elite’s preference for austerity,” Opinion, April 27]. One important point left out is that nothing will happen to stop the preference for austerity until people stop electing politicians who only do the bidding of the rich and powerful. Publicly funded elections would go a long…More
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If the government has to borrow, there will be no gain Paul Krugman’s pessimistic view of austerity would be laughable if it weren’t so pathetic in its attempts to mislead the public about government spending [“The elite’s preference for austerity,” Opinion, April 27]. Keynesian economic theory was tried exclusively in the Obama administration’s first term to no…More