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

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


Support Local Journalism


Support Local Journalism

Readers around Lake Tahoe, Truckee, and beyond make the Sierra Sun's work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Your donation will help us continue to cover COVID-19 and our other vital local news.

Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User


Don Rogers: How the ink rubs off


First there were the funnies, color on Sundays! My little sister and I shared them while our dad, lying on his stomach on the punee, read the rest of the paper remarkably undisturbed by one…

See more