Paul Krugman says the political class essentially must choose between asking the top 2% of...

|By:, SA News Editor

Paul Krugman says the political class essentially must choose between asking the top 2% of earners "to go back to paying the tax rates they paid during the Clinton-era boom, or allowing the nation’s foundations to crumble... they’re choosing the latter. It’s a disastrous choice... those state and local cutbacks are a major drag on the economy."