PAUL KRUGMAN: Debt-limit canyon marks GOP’s road to ruin

January 5, 2013 at 6:00 pm in Grand Forks Herald

The reality is that our two major political parties are engaged in a fierce struggle over the future shape of American society. Democrats want to preserve Social Security, Medicare and Medicaid, and add to them a universal guarantee of essential health care. Republicans want to roll all of that back, making room for drastically lower taxes on the wealthy. Yes, it’s essentially a class war. Continue Reading