Friday, February 19, 2016

Paul Krugman is wrong: Why his case against Bernie Sanders misses the point

Paul Krugman is wrong: Why his case against Bernie Sanders misses the point



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For the first time since his strident defenses of globalization ruffled some fair trade feathers in the 1990s, Paul Krugman is in a protracted debate with the American left.
On the surface, they’re fighting about whether it matters that many centrist and center-left economists are uncomfortable with some of the promises Sen. Bernie Sanders’ presidential campaign has made about how his policies will improve the economy. On a deeper level, however, they’re fighting about what it means to be a Democrat, and whether the party should behave more like a left-wing version of the GOP.
This is an important conversation, and the fact that it’s even happening should make lefties smile. They’re already on Nicholas Klein’s third step! For my part, I think both the “wonks” and their leftist critics are making vital points (annoying of me, I know). But they’re talking past one another, too. Leftists believe what’s important right now is politics, not policy. Krugman believes there should be no distinction.
With all due respect to the New York Times columnist, who has been an invaluable ally for the liberal movement for much of the past 16 years, there is a distinction. Good policy does not always make for good politics. There are positive lessons to be learned from the conservative movement’s example. And, right now, it’s politics — not policy — that matters the most.

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