- Cafe Hayek - http://cafehayek.com -  Shame on you, Joe Nocera
Tweet [1]  There is a lot to learn from this Joe Nocera column
[2] so I thought I’d go through it in detail. It is full of
dishonest polemics.  Here is the opening:   That’s a bit strong,
wouldn’t you say? In a democracy, people disagree. It’s kind of
against the rules to call your intellectual opponents terrorists
unless they are killing innocent bystanders. But I guess Nocera
is competing with Mr. Krugman.   Huh? See previous comment.
Like ideologues everywhere, they scorned compromise.  A
softening of tone. They’re only ideologues. That beats
terrorists or Jihadists.    Here is where it gets a little more
interesting. He’s right. What matters is how it affects the
economy and the human beings who comprise it. Let’s start with
the terrible toll of $2.4 trillion in cuts on the poor and the
middle class.  According to the CBO baseline spending (go here
[3], page 18), which I understand is the baseline for the cuts
of $2.4 trillion, the Federal