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Paul Krugman: Why can’t Republicans be populists?

GOP leaders are still committed to right-wing economics and it’s not clear why.

(Daniel Acker | The New York Times)

A tie with Republican elephants in Bettendorf, Iowa, on Nov. 14, 2011. "For now Republican politicians are doing Democrats a big favor," writes New York Times columnist Paul Krugman. "Clinging to discredited economic ideas that even their own supporters dislike.

(Daniel Acker | The New York Times) A tie with Republican elephants in Bettendorf, Iowa, on Nov. 14, 2011. "For now Republican politicians are doing Democrats a big favor," writes New York Times columnist Paul Krugman. "Clinging to discredited economic ideas that even their own supporters dislike.