Krugman comments today on idiot boy Paul Ryan's SOTU rebuttal. Paul Ryan makes me ashamed to say I'm from Wisconsin. There aren't many things that are able to do that.
But then, American conservatives have long had their own private Europe of the imagination — a place of economic stagnation and terrible health care, a collapsing society groaning under the weight of Big Government. The fact that Europe isn’t actually like that — did you know that adults in their prime working years are more likely to be employed in Europe than they are in the United States? — hasn’t deterred them. So we shouldn’t be surprised by similar tall tales about European debt problems.
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