Across America, streetlights are going out, roads are going unpaved, teachers are being laid off, school years shortened, Paul Krugman writes in a sobering column for The New York Times today.
In effect, a large part of our political class is showing its priorities: given the choice between asking the richest 2 percent or so of Americans to go back to paying the tax rates they paid during the Clinton-era boom, or allowing the nation’s foundations to crumble — literally in the case of roads, figuratively in the case of education — they’re choosing the latter.
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It’s a disastrous choice in both the short run and the long run.