Franconia: “…having the courage to tell the hard truths and make hard decisions.”
Like dumping ‘defined benefit’ pensions for ‘defined contribution’ pensions to alleviate open-ended risk.
BTW, are you still a free lunch “something-for-nothing” Keynesian who loves the Fed and centralized command/control economic planning?
Steven Pearlstein: I’m not a something for nothing free lunch Keynesian — you must be thinking of Prof. Krugman…
Pearlstein goes on to slam the reader who asked the question, comparing him to Joe McCarthy, but why the strange gratuitous slam on Krugman.