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Friday, July 25, 2014

Paul Krugman: Gov. Jerry Brown's Resounding Success Chagrins Conservative Critics

Jerry Brown's outlook on life was formed, like Pope Francis' outlook, in a Jesuit seminary.

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"The Zombie Life Cycle Of Republican Lies. They Never - Ever - Die"

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Pope Francis Links

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KRUGMAN: Left Coast rising. "Kansas went all-in on supply-side economics, slashing taxes on the affluent in the belief that this would spark a huge boom; the boom didn’t happen, but the budget deficit exploded, offering an object lesson to those willing to learn from experience. And there’s an even bigger if less drastic experiment under way in the opposite direction....Gov. Jerry Brown was able to push through a modestly liberal agenda of higher taxes, spending increases and a rise in the minimum wage. California also moved enthusiastically to implement Obamacare. Needless to say, conservatives predicted doom....There is, I’m sorry to say, no sign of the promised catastrophe." Paul Krugman in The New York Times.



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