Paul Krugman offers a powerful observation on the political landscape but unfortunately no meaningful solutions. Krugman is correct in observing that most economic issues have consequences that are grounded in incompatible moral principles.
The liberal moral test is what does the legislation do to strengthen the nation's economic foundation? Should cost of medical treatment, education and insurance against joblessness, and old age, etc. be the responsibility only of the individual or that of society as a whole? And finally what are the consequences on society's stability and prosperity if such things are left only to the individual to solve?
This comment concerns an article written by Paul Krugman in today's New York Times.
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