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7/13/07

Economist's View: Paul Krugman: Sacrifice Is for Suckers


For the complete text of Mr. Krugmans editorial in the Economist's View click on this link

Sacrifice is for Suckers - by Paul Krugman

"You see, the Iraq war, although Mr. Bush insists that it’s part of a Global War on Terror™, a fight to the death between good and evil, isn’t like America’s other great wars — wars in which the wealthy shared the financial burden through higher taxes and many members of the elite fought for their country.

This time around, Mr. Bush celebrated Mission Accomplished by cutting tax rates on dividends and capital gains, while handing out huge no-bid contracts to politically connected corporations. And in the four years since, as the insurgency Mr. Bush initially taunted with the cry of “Bring them on” has claimed the lives of thousands of Americans and left thousands more grievously wounded, the children of the elite — especially the Republican elite — have been conspicuously absent from the battlefield."

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