Cliff Deal Could Be 'Pyrrhic Victory' for Left

Krugman: Obama can't back down in the battles ahead

By Kevin Spak,  Newser Staff

Posted Jan 4, 2013 1:31 PM CST

(Newser) – Democrats arguably won a "tactical victory" with the zero-hour fiscal cliff tax compromise, Paul Krugman writes in the New York Times. The deal, after all, reduced income inequality, extended unemployment and some other progressive policies, and, best of all, didn't cut entitlements, which...   Read full story »


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