| "Punting the Pundits" is an Open Thread. It is a selection of editorials and opinions from around the news medium and the internet blogs. The intent is to provide a forum for your reactions and opinions, not just to the opinions presented, but to what ever you find important.
Thanks to ek hornbeck, click on the link and you can access all the past "Punting the Pundits".
Paul Krugman: Pain Without Gain
Last week the European Commission confirmed what everyone suspected: the economies it surveys are shrinking, not growing. It's not an official recession yet, but the only real question is how deep the downturn will be.
And this downturn is hitting nations that have never recovered from the last recession. For all America's troubles, its gross domestic product has finally surpassed its pre-crisis peak; Europe's has not. And some nations are suffering Great Depression-level pain: Greece and Ireland have had double-digit declines in output, Spain has 23 percent unemployment, Britain's slump has now gone on longer than its slump in the 1930s.
Worse yet, European leaders - and quite a few influential players here - are still wedded to the economic doctrine responsible for this disaster.
E. J. Dionne, Jr.: Ideological Hypocrites
When we talk about hypocrisy in politics, we usually highlight personal behavior. The multiply married politician who proclaims "family values" while also having affairs is now a rather dreary stock figure in our campaign narratives.
But the hypocrisy that matters far more is the gap between ideology and practice that has reached a crisis point in American conservatism. This Republican presidential campaign is demonstrating conclusively that there is an unbridgeable divide between the philosophical commitments conservative candidates make before they are elected and what they will have to do when faced with the day-to-day demands of practical governance. Conservatives in power have never been-and can never be-as anti-government as they are in a campaign.
|