Friday, May 18, 2012

Ezra Klein v Sen. Tom Coburn

Ezra Klein posted an interview with Sen. Tom Coburn, part one: Defusing the debt bomb. Part two isn't up yet but even the just the first part is great. Coburn is hawking a new book and Klein is knowledgable enough (and willing) to ask questions that challenge his opinions and facts.

Digby thinks, "Gosh, it sounds like ole Tom is getting ready to endorse somebody. If I read that right, he has more faith that Obama will compromise with the lunatic Republicans than Romney will. "

Coburn mentions Krugman and cites Sweden as a counter example. Krugman challenges that. "Ezra points out, rightly, that Sweden has actually benefited a lot from very aggressive monetary policy...But Ezra didn’t challenge Coburn on the claim about spending cuts". He charts that Sweden hasn't cut real government purchases but the US has.

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Digby pointed out that Obama tweeted "Federal spending, taxes, and the annual budget deficit are all lower now than when President Obama first took office."

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I'm looking forward to part two of the interview.

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