Hope vs. "Nope"
Professor Krugman:
Mr. Obama may not be as bold as we’d
like, but he isn’t actively misleading voters the way Mr. Romney is.
Furthermore, if we ask what Mr. Romney would probably do in practice, including
sharp cuts in programs that aid the less well-off and the imposition of
hard-money orthodoxy on the Federal Reserve, it looks like a program that might
well derail the recovery and send us back into recession.
And you should never forget the broader policy context. Mr. Obama may not have
an exciting economic plan, but, if he is re-elected, he will get to implement a
health reform that is the biggest improvement in America’s safety net since
Medicare. Mr. Romney doesn’t have an economic plan at all, but he is determined
not just to repeal Obamacare but to impose savage cuts in Medicaid. So never
mind all those bullet points. Think instead about the 45 million Americans who
either will or won’t receive essential health care, depending on who wins on
Nov. 6.
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