Friday, August 31, 2012

Krugman's comments on corruption and why this should be an issue

This quote from Conscience of a Liberal said this with respect to corruption:
 Moreover the Roosevelt administration demonstrated that one of the standing arguments against large-scale intervention in the economy- that it would inevitably lead to equally large-scale corruption- wasn't true.  In retrospect it's startling just how clean the New Deal's record was.  FDR presided over a huge expansion of federal spending, including highly discretionary spending by the Works Press Administration.  Yet the popular image of public relief, widely regarded as corrupt before the New Deal, actually improved markedly.  (he claims)

So, stringent policing needs to be employed in order to guard against corruption.  What comparable assurance have we that the same occurred with Obama's Stimulus?  Where did all the money go?  Do we have strict accounting for it all?  It seems that some of the money is being used for electioneering.  That should be a definite no-no right there.  This probe had to be done by a Republican Congress, which contrasts with the Democrats actually minding their own store during the New Deal.  Also, there are other stories like this because corruption is like cockroaches, where you see one, there's bound to be more.  Many more.

If corruption can't be an issue in this campaign, when can it?  How else can we ensure accountability?

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