I gasp at Carly for California. Please, keep making shit like this so we can identify those who want to have an adult conversation and those who want to make a complete mockery of the challenges facing California and the world. Lions and tigers and bears and wolves increasing taxes! Oh, my!Wonkette (thanks Tom) had the appropriate response, but please...that's a Kiwi film, I believe. Get the Flock Out of Here, indeed.
Mr. Krugman had some words about the impending doom of wolves earlier in the week - Fiscal Scare Tactics:
...there’s no reason to panic about budget prospects for the next few years, or even for the next decade. Consider, for example, what the latest budget proposal from the Obama administration says about interest payments on federal debt; according to the projections, a decade from now they’ll have risen to 3.5 percent of G.D.P. How scary is that? It’s about the same as interest costs under the first President Bush.I know, I know...he's a wolf in bears clothing, right?
Why, then, all the hysteria? The answer is politics.
The main difference between last summer, when we were mostly (and appropriately) taking deficits in stride, and the current sense of panic is that deficit fear-mongering has become a key part of Republican political strategy, doing double duty: it damages President Obama’s image even as it cripples his policy agenda. And if the hypocrisy is breathtaking — politicians who voted for budget-busting tax cuts posing as apostles of fiscal rectitude, politicians demonizing attempts to rein in Medicare costs one day (death panels!), then denouncing excessive government spending the next — well, what else is new?
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