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Krugman on GOP Policy

According to Paul Krugman, Republicans maintain that attempts to regulate the economy or help the poor will lead to punishment by the invisible hand. He points out that the success of Democratic economic and health care initiatives disproves Republican predictions that such initiatives would fail. The ongoing Republican resistance to such programs despite their apparent success seems to derive not so much from sincere belief that they will inevitably fail as on the more plausible, but less politically attractive, concern that helping the poor and regulating business will come at a cost to the wealthy.

"If I had to summarize the G.O.P.’s attitude on domestic policy, it would be that no good deed goes unpunished. Try to help the unfortunate, support the economy in hard times, or limit pollution, and you will face the wrath of the invisible hand. The only way to thrive, the right insists, is to be nice to the rich and cruel to the poor, while letting corporations do as they please."
- Paul Krugman, G.O.P. Candidates and Obama’s Failure to Fail, New York Times, August 10, 2015


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