Paul Krugman EXPLAINS:


You probably won’t be surprised to hear that voters are poorly informed about the deficit. But you may be surprised by just how misinformed…


[A] 1996 survey that asked voters whether the budget deficit had increased or decreased under President Clinton. In fact, the deficit was down sharply, but a plurality of voters — and a majority of Republicans — believed that it had gone up.


I wondered on my blog what a similar survey would show today, with the deficit falling even faster than it did in the 1990s. Ask and ye shall receive: Hal ...

Read more

Paul Krugman EXPLAINS:

You probably won’t be surprised to hear that voters are poorly informed about the deficit. But you may be surprised by just how misinformed…

[A] 1996 survey that asked voters whether the budget deficit had increased or decreased under President Clinton. In fact, the deficit was down sharply, but a plurality of voters — and a majority of Republicans — believed that it had gone up.

I wondered on my blog what a similar survey would show today, with the deficit falling even faster than it did in the 1990s. Ask and ye shall receive: Hal ...

Read more