A Whole Lot Of Confused Economists

From the WSJ:

Almost half of the economists in the latest Wall Street Journal forecasting survey decided against answering a question on which presidential candidate offers the most responsible fiscal policies. However, Sen. John McCain was the clear favorite of those who answered the question.

From Paul Krugman:

McCain offers the most responsible fiscal policies? Notice that this wasn’t about who you think will be most economically sound in general, or who you think would be better at fiscal management in practice — although even there, nothing in the Republican party’s past 30 years offers any reason to believe that it would be responsible in any way shape or form. But this question was about what the candidate is offering — and McCain’s proposals are, demonstrably, wildly irresponsible.

It's hard to imagine what those economists are thinking.


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