By Simon Johnson
Should we take seriously people who, in the current US debate, argue that they are “fiscal conservatives”?? No.
These self-labeled conservatives are very far from even being willing to discuss the real issues – let alone make proposals that would have significant effects.? As Peter Boone and I argue on Bloomberg this morning, US “fiscal hawks” are just pretending.? Perhaps this will prove effective in the midterm elections, but then they will face the music – what exactly will they put on the table that will make any difference at all?
Here’s the full Bloomberg link: http://www.bloomberg.com/news/2010-11-01/u-s-fiscal-hawks-turning-french-commentary-by-peter-boone-simon-johnson.html
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