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Paul Krugman: Et tu, Ted? Why electric deregulation failed in Texas

The state is run by people who will resort to blatant lies rather than admit their mistakes.

(Brett Coomer/Houston Chronicle via AP, File) In this Feb. 15 photo, Eithan Colindres wears a winter coat inside after the apartment his family lives in lost power following an overnight snowfall in Houston. With the snow and ice clearing in Texas after the electricity was cut to millions as temperatures plunged as people struggled to stay warm in their unheated homes.