My ol’ boss over at Reason, Nick Gillespie commented on Krugman’s crazy column over at Reason’s blog, Hit & Run. His analysis of course, is much better than mine. Definitely worth a read. Here’s a little snippet:
The proximate cause of Krugman’s Nixostalgia is the current health-care reform debate, during which various voters and officials have, my god, expressed discontent with both the status quo and proposed reforms (as vague as they are, and will almost certainly continue to be even after Barack Obama’s speech next week). To Krugman that represents the ascent of corporate influence and “the right-wing fringe” (which despite being powerless is somehow holding a Democratic Congress in thrall).
Whole thing here.