EASY USELESS ECONOMICSBY PAUL KRUGMANNEW YORK TIMES[I]nventing reasons not to do anything about current unemployment isn’t just cruel and wasteful, it’s bad long-run policy, too. … Every time some self-important politician or pundit starts going on about how deficits are a burden on the next generation, remember that the biggest problem facing young Americans today isn’t the future burden of debt — a burden, by the way, that premature spending cuts probably make worse, not better. … [A]ll this talk about structural unemployment isn’t about facing up to our real problems; it’s about avoiding them, and taking the easy, useless way out. And it’s time for it to stop.ECHOES OF ’67: ISRAEL UNITESBY CHARLES KRAUTHAMMERWASHINGTON POSTThose counseling Israeli submission, resignation or just endless patience can no longer dismiss Israel’s tough stance as the work of irredeemable right-wingers. Not with a government now representing 78 percent of the country. Netanyahu forfeited September elections that would have given him four more years in power. He chose instead to form a national coalition that guarantees 18 months of stability — 18 months during which, if the world does not act (whether by diplomacy or otherwise) to stop Iran, Israel will. And it will not be the work of one man, one party or one ideological faction. As in 1967, it will be the work of a nation.
Must-Read Op-Eds for Thursday, May 10, 2012
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