Grasping Reality on TypePad, by Brad DeLong

former Republican Senate Majority Leader Dr. Bill Frist dismissed the GOP’s balking over health care legislation. Underscoring how much Republicans have become the “party of no” and how much the Senate Finance Committee legislation has been watered-down, Frist said that if he were still in office, he would vote for the bill. “I would end up voting for it,” he said. “As leader, I would take heat for it. … That’s what leadership is all about.” Frist has already come out for the individual mandate and has said that Democrats would be well within legal and ethical guidelines using the reconciliation process to pass health reform. ... Frist also took issue with his party’s fearmongering, saying that “death panels and public plan arguments have been overblown.”

I love Brad DeLong's Krugman rule: Rule #1. Paul Krugman is always right. Rule #2. If you think Paul Krugman is wrong, see Rule #1 Paul Krugman in today's NYT column on why we need more stimulus