Krugman on the “fiscal cliff":
The point is that when you put Republicans on the spot and demand specifics about how they’re going to make good on their posturing about spending and deficits, they come up empty. There’s no there there.
And there never was. Republicans claim to be for much smaller government, but as a political matter they have always attacked government spending in the abstract, never coming clean with voters about the reality that big cuts in government spending can happen only if we sharply curtail very popular programs. In fact, less than a month ago the Romney/Ryan campaign was attacking Mr. Obama for, yes, cutting Medicare.
He’s right. Grandma’s checks are the problem … and the Republicans are unwilling to stand up and point this out.
Read the whole thing, entitled “The Big Budget Mumble” in the December 3 issue of The New York Times.