Wednesday

"Funny, isn't it? In 2002, Republican strategists used the impending Iraq war to distract the public from the miserable economic news. Now they're complaining that Iraq is taking voters' focus off the economy.

But is the economic news really that good? No. While the recent economic performance is better than in the administration's first three years, it isn't at all exceptional by historical standards. And after those three terrible years, the economy has a lot of ground to make up."
-- Op-Ed Columnist Paul Krugman: Delusions of Triumph

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