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Title: How can a Free Market economist be socialist like Krugman?
Review: In this book, Krugman seems to lack a basic understanding of market economics. Wasteful spending is what causes deficits Krugman! Tax cuts to both corporations and individuals can and have under both the JFK and Reagan administrations raised revenue coming into the treasury. That is because tax cuts increase the revenue needed for capital investment. It is investment in new ideas that keeps the economy going and creates more jobs. Under Bush, we have increases in spending across the board which makes Bush a fiscally moderate Republican not a Reagan Republican (Krugman thinks your a radical if you want to let people keep a little more of the money they earn) Finally, when a liberal like Krugman starts talking about free market economic policy you have to laugh because Marxism is his religion - there was no free market in the U.S.S.R.
