Wednesday, April 13, 2011

Krugman on Ryan Plan: "It's a Fraud."

Paul Krugman is to the point blunt about the Ryan plan for American prosperity.
The initial swooning has died down to some extent — but I’m struck by the extent to which news stories are still covering for Paul Ryan. I’ve already noted how “news analyses” write as if the objections of the critics were simply that his plan is too radical, as opposed to what people like me are actually saying, which is that it’s a fraud. My best guess here is that the press corps shies away, consciously or unconsciously, from giving the stark truth about this joke of a plan; after all the praise from VSPs, it’s hard either to report that knowledgeable people consider the plan a total fraud, or even to be frank about the plan’s extreme features. But saving pundits from embarrassment is not part of a reporter’s job.

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