I volunteer in his "fifth column".
http://krugman.blogs.nytimes.com/2012/02/20/straight-talk-and-shifting-windows/
Straight Talk and Shifting Windows
Karl Smith, if I understand him, thinks that I should refrain from pointing out how foolish and destructive foolishly destructive ideas have been, and offer the proponents of these ideas a face-saving exit.
Chris Dillow, via Mark Thoma, explains why this is wrong. Dillow points out that Labour is responding with incredible lameness to the Cameron austerity agenda, even as this agenda fails, because it allowed Cameron to shift the Overton Window, so that only varying degrees of austerity are considered “responsible”.
I’m trying to shift that window back, both by relegitimizing Keynes and by delivering ridicule where ridicule is due. And I think I’m making progress.
PS: Karl first quotes Lincoln’s words about malice towards none, charity for all. Lovely words indeed. But the Second Inaugural was delivered after Sherman had laid waste to Georgia and South Carolina, ripping out the heart of the Confederate economy; Grant was about to be joined by Sheridan, who had just done the same to the Shenandoah Valley, giving him overwhelming superiority over Lee. If and when austerian ideology is in a state similar to that of Confederate war prospects in early 1865, I promise to be equally magnanimous.
Think of debt as "General Winter".
Chris Dillow, via Mark Thoma, explains why this is wrong. Dillow points out that Labour is responding with incredible lameness to the Cameron austerity agenda, even as this agenda fails, because it allowed Cameron to shift the Overton Window, so that only varying degrees of austerity are considered “responsible”.
I’m trying to shift that window back, both by relegitimizing Keynes and by delivering ridicule where ridicule is due. And I think I’m making progress.
PS: Karl first quotes Lincoln’s words about malice towards none, charity for all. Lovely words indeed. But the Second Inaugural was delivered after Sherman had laid waste to Georgia and South Carolina, ripping out the heart of the Confederate economy; Grant was about to be joined by Sheridan, who had just done the same to the Shenandoah Valley, giving him overwhelming superiority over Lee. If and when austerian ideology is in a state similar to that of Confederate war prospects in early 1865, I promise to be equally magnanimous.
Think of debt as "General Winter".
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