Sitting here in the UK, where everyone continues to believe that budget deficits are the central issue despite overwhelming evidence to the contrary, it’s refreshing to look home once in a while and contemplate the utter collapse of the deficit-scold agenda.
One way to see this is to track the disappearance of Alan Simpson from the radar; another is to look at polls that ask people to name important issues. CONT.
Paul Krugman, New York Times