Paul Krugman EXPLAINS:
You probably won’t be surprised to hear that voters are poorly informed about the deficit. But you may be surprised by just how misinformed…
[A] 1996 survey that asked voters whether the budget deficit had increased or decreased under President Clinton. In fact, the deficit was down sharply, but a plurality of voters — and a majority of Republicans — believed that it had gone up.
I wondered on my blog what a similar survey would show today, with the deficit falling even faster than it did in the 1990s. Ask and ye shall receive: Hal ...
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