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Credit where due: The NYTimes is where most of us who aren’t econ majors first heard about Paul Krugman. “Judas, Tax Cuts and the Great Betrayal”:
The denarius, ancient Rome’s silver coin, was supposedly the daily wage of a manual worker. If so, the tax cuts that the richest 1 percent of Americans will receive if the Affordable Care Act is repealed — tax cuts that are, obviously, the real reason for repeal — would amount to the equivalent of around 500 pieces of silver each year.
What inspired this calculation? The spectacle of Mitch McConnell, the Senate majority leader, and Paul Ryan, the speaker of the House, defending Donald Trump’s firing of James Comey.
Everyone understands that Mr. Comey was fired not because of his misdeeds during the campaign — misdeeds that helped put Trump in the White House — but because his probe of Russian connections with the Trump campaign was accelerating and, presumably, getting too close to home. So this looks very much like the use of presidential power to cover up possible foreign subversion of the U.S. government.
And the two leading Republicans in Congress are apparently O.K. with that cover-up, because the Trump ascendancy is giving them the chance to do what they always wanted, namely, take health insurance away from millions of Americans while slashing taxes on the wealthy.
So you can see why I find myself thinking of Judas.
For generations, Republicans have impugned their opponents’ patriotism. During the Cold War, they claimed that Democrats were soft on Communism; after 9/11, that they were soft on terrorism.
But now we have what may be the real thing: circumstantial evidence that a hostile foreign power may have colluded with a U.S. presidential campaign, and may retain undue influence at the highest levels of our government. And all those self-proclaimed patriots have gone silent, or worse…
Open Thread: The Noble Professor Is SHRILL!Post + Comments (59)