George Will Schools Krugman on Gov. Walker: $3 Billion Deficit 'He Inherited' Has 'Become a Surplus'

New York Times columnist Paul Krugman got another much-needed education from syndicated columnist George Will on ABC's This Week Sunday.

After Krugman impugned Gov. Scott Walker (R-Wisc.) for his so-called "fiscal irresponsibility," Will simply and quite accurately responded, "A more than $3 billion budget that he inherited, a deficit, has now become a surplus" (video follows with transcript and commentary):

GEORGE STEPHANOPOULOS, HOST: We have a couple minutes left before we have to take a break, and I just quickly want to go to you, George Will, because you're calling this recall election in Wisconsin, coming up on Tuesday, Governor Scott Walker, the Republican, facing a recall, the second most important election this year.

GEORGE WILL: Yes, because it's a microcosm of what the country faces, an attempt to change the trajectory of the public sector. You have this extraordinary conflict there where unions are defending their privileged position. And it does look as though Wisconsin people are going to try and take that back.

The man running against Scott Walker, Mayor Barrett of Milwaukee, has used the Walker reforms to save $19 million in the Milwaukee budget itself, so he's running against a man whose reforms he's emulating and using.

PAUL KRUGMAN, NEW YORK TIMES: And yet, of course, Walker is proposing tax cuts that will do much more to hurt the budget than any of these alleged savings. So this is -- it is a microcosm. It is -- it's not -- it's not fiscal responsibility versus irresponsibility. It is a vision of what kind of country you want to have and whether we're going to redistribute income upwards.

WILL: A more than $3 billion budget that he inherited, a deficit, has now become a surplus.

That about says it, doesn't it?

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Budget Economy New York Times This Week ABC Video Scott Walker George Will
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