It’s extraordinary to me that Paul Krugman seems to have become what in parliamentary systems is called the official opposition. To meet him, he’s an unlikely tub-thumper — he comes across as a friendly, serious academic, no great shakes at public speaking, happier in a conversation with other wonks. Maybe I get a distorted perspective from London, but I can’t see any Democrats hitting the Bush administration as consistently hard as Krugman. It makes me proud to be a Princetonian.
Today he focuses again on the obfuscations on the deficit. “This $7 trillion reversal of fiscal fortune has received remarkably little public attention; it has been crowded off the front page by talk of war. But its consequences will be immense.” Are they listening at the back of the class?