Just One Minute

I like this website. I especially enjoyed their savage fisking of Paul Krugman.

The ending is just ooey-gooey fisking goodness....

LIBERTARIAN CORONARY ALERT: Krugman's column continues with this howler:

Next, write off anyone who asserts that it’s always better to cut taxes than to increase government spending because taxpayers, not bureaucrats, are the best judges of how to spend their money.

Here’s how to think about this argument: it implies that we should shut down the air traffic control system. After all, that system is paid for with fees on air tickets — and surely it would be better to let the flying public keep its money rather than hand it over to government bureaucrats. If that would mean lots of midair collisions, hey, stuff happens.

Well, the idea that tax cuts are *always" better is pretty bold, since corner solutions are rarely optimal. That said, what an absurd example - is it really inconceivable that a private system of air control could develop in the absence of a Federal government? The current system might well be more efficient that a private alternative but the notion that only the Feds stand between the flying public and frequent collisions is daft. But let me make a more forceful case for tax cuts, relying in this newly-developed Krug-logic: anyone who thinks that Federal spending is more efficient than tax cuts believes that the entire private system of restaurants and diners should be closed down in favor of government-run cafeterias located in every Post Office. Yeah! Chew on that!

Oh, I am chewing that up.