Paul Krugman has a silly piece out called Yes He Could. The deck headline: “Health Care and Climate: President Obama’s Big Deals.” It’s his typical partisan hackery and I won’t bore you with most of it, but this part caught my eye:
A larger answer, I’d guess, is Simpson-Bowles syndrome — the belief that good things must come in bipartisan packages, and that fiscal probity is the overriding issue of our times. This syndrome persists among many self-proclaimed centrists even though it’s overwhelmingly clear to anyone who has been paying attention that (a) today’s Republicans simply will not compromise with a Democratic president, and (b) the alleged fiscal crisis was vastly overblown.
When Paul Krugman says it’s “overwhelmingly clear” that “the alleged fiscal crisis was vastly overblown” . . . it’s time to buy gold.