Bush Admin's Public Policy is "a Form of Looting"

New York Times December 5, 2003

Looting the Future

By PAUL KRUGMAN OP-ED COLUMNIST

The complete article may be purchased online from the New York Times archives at-- http://query.nytimes.com/gst/abstract.html?res=F40D12FB3F590C768CDDAB0994DB404482

Excerpt--

... In the early months of the Bush administration, one often heard that "the grown-ups are back in charge." But if being a grown-up means planning for the future — in fact, if it means anything beyond marital fidelity — then this is the least grown-up administration in American history. It governs like there's no tomorrow.

Nothing in our national experience prepared us for the spectacle of a government launching a war, increasing farm subsidies and establishing an expensive new Medicare entitlement — and not only failing to come up with a plan to pay for all this spending in the face of budget deficits, but cutting taxes at the same time. ...

What really makes me wonder whether this republic can be saved, however, is the downward spiral in governance, the hijacking of public policy by private interests. ...

http://www.nytimes.com/2003/12/05/opinion/05KRUG.html

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