Krugman is both right and wrong about why people will still talk about raising the medicare age as a necessary step to reduce federal spending despite the fact that actual empirical analysis demonstrates why this is false.
The parts Krugman misses are actually essential to understanding public policy and how to change it. Yes, it's true that you have a lot of big money people driving the narrative. That helps a great deal. But I can point to many examples of high profile, big money campaigns that flop. There are other ingredients as well.( Collapse )