Paul Krugman links to Dean Baker, a fellow economist who's views on economics are often ignored in favor of those of non-economists like David Brooks. The title of Baker's post really says it all -- David Brooks Is Upset at Liberals Who INSIST on Applying Arithmetic to Economics -- but here's a snippet.
So how is anything about stimulus disproved because a stimulus that could have been expected to create maybe 3 million jobs was not adequate in a downturn where we needed 10 million jobs? There are no tricks here, this is all arithmetic and it is all right there in black and white.But, Brooks does not want to be bothered by arithmetic. He wants his readers to support his plans for tax reform, for cutting Social Security and Medicare. In other words he wants his readers' support for doing all the the things that David Brooks always wanted to do, but he now says that we absolutely have to do because of an economic crisis caused by the incompetence of the people who always wanted to do these things.
This echoes what I said about Brooks here and here. I know I've been hammering Brooks frequently, but I will continue to do so. I know smart people that listen to this guy. Maybe I can change that. You know who you are.