The debt deal unhinged the left.No, the Tea Parties did not win, as the left has been saying. The spending "cuts" only limit the additional growth of government, and they are too small and too distant to be worth celebrating. But the left is correct about one thing: they lost, because the debt deal established the idea that there would be no more tax increases and no big new spending programs. And the left does not exactly have a record of being gracious political losers.As usual, no one was more unhinged than Paul Krugman. To be sure, his New York Times colleague Joe Nocera...
Source: http://www.realclearmarkets.com/articles/2011/08/06/the_peculiar_madness_of_paul_krugman_99169.html
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