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We Are No Longer a Serious Country – Paul Krugman


And the world is starting to notice

And when outsiders, including the Congressional Budget Office and a variety of think tanks — conservative and centrist as well as progressive — have put out the analyses the bill’s sponsors won’t, pointing out the likely effects on debt, health coverage, and so on, the G.O.P. Why, next thing you’ll be telling me that key policy decisions, leading to layoffs of hundreds of thousands of federal workers and many deaths around the world, have been made by a presidential crony whose erratic behavior may have reflected massive consumption of ketamine, Ecstasy and psychedelic mushrooms. You may well know that the One Big Beautiful Bill Act contains a “ revenge ” provision that would allow the U.S. government to impose extra taxes on foreign investors whose home countries have policies America doesn’t like.

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