Canadian Cynic caught a fine example of selective quotation, including a (barely) deceptive mis-direction link. People have been beating on Paul Krugman for a while, particularly since Okrent decided to try to make a name for himself by taking a bite out of Krugman (he hadn't distinguished himself as "public editor"), but most of what Krugman does is precisely what CC did here: reveal the missing pieces of the puzzle, take the spin out of the numbers.
In this case, there's a bit of humility for both sides of the aisle, because the stock market tax reciept bubble which is being touted by our current misadministration is very much like the one touted as deficit-closing, market-friendliness by the last administration. Hindsight.
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