Summary:
The book is a collection of essays and columns that critique the economic policies and political decisions of the early 2000s, particularly during the Bush administration. It argues that these policies were leading to increased inequality, fiscal irresponsibility, and a general decline in the effectiveness of governance.
Key points:
1. Conservatism's Failures: Krugman blames the Bush-era conservative movement for policy blunders, claiming it led to fiscal recklessness, harmful deregulation, tax cuts for the rich, increased inequality, and economic instability.
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