Krug Rulez

The fact that he makes Donald Sensing wet his pants is a bonus; there are other reasons to love Paul Krugman. This, for example.

Consider the White House reaction to new Census data on income, poverty and health insurance. By any normal standard, this week’s report was a devastating indictment of the administration’s policies. After all, last year the administration insisted that the economy was booming — and whined that it wasn’t getting enough credit. What the data show, however, is that 2006, while a good year for the wealthy, brought only a slight decline in the poverty rate and a modest rise in median income, with most Americans still considerably worse off than they were before President Bush took office.

[snip]

Mr. Bush’s only concession that something might be amiss was to say that “challenges remain in reducing the number of uninsured Americans” — a statement reminiscent of Emperor Hirohito’s famous admission, in his surrender broadcast, that “the war situation has developed not necessarily to Japan’s advantage.”