Letter to the Editor: Does the GOP understand economics? | SierraSun.com
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Letter to the Editor: Does the GOP understand economics?

This is a response to Jim Clark’s column, “Do Democrats understand economics?”

Paul Krugman, a Nobel prize winning economist, is a Democrat, so I guess the answer to Mr. Clark’s question is “yes.” Mr. Krugman, and the great majority of economists, will tell you that the last thing a government should do in a recession is cut spending, and that if Obama has done anything wrong, it’s not spending enough.

Economists feel that spending cuts were a major factor in prolonging and deepening the Great Depression. So my question is, does Mr. Clark understand economics?



Jack Kashtan

Truckee


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