Friday, May 2, 2008

Krugman and Denial

Paul Krugman makes the point that Republicans don't want to admit that government must solve the pollution problem, even thought the Bush 41 administration gets credit for having solved acid-rain via tradeable emission permits. It's a fair criticism.

Missing from his analysis, however, is the fact that in 1996 government solved the welfare problem largely through a rigid cap on unemployment and welfare disbursements. Clinton took all the credit he could for this policy, even though it had been both a Republican idea as well as a Republican ideal.

Now Obama is trying the same tactic on the pollution front, taking a traditionally Republican idea (market-based reform) to solve a Democratic ideal. I would think that if Krugman really cared about the environment, he'd applaud Obama rather than criticize him.