The GOP seems to systematically preside over slower growth and rising inequality.He doesn't want to believe it until he understands a plausible mechanisms... So the question is - how does this happen? Check out the graph, its amazing.
Thursday, April 03, 2008
How DO they do it?
Krugman wants to know exactly how this could occur:
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its simple: the damage caused by the democrats to the economy (in the form of regulation and taxes) takes time to adversely effect the economy, and those effects appear after a republican takes office.
or so this was explained to me by an ohio republican (who blames clinton for the downturn of the economy in the early 2000's).
(yes, i know this is total bunk, but thats what they believe).
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