Then there's the left. Paul Krugman who told us that we'd 'all better start brushing up on our depression economics," and astonishingly, two months ago, was talking about a short-term drop in the Dow as a sign of "economic collapse." The Robert Rubin sect which has been warning us about huge deficits (they've been dropping like a stone) and their negative impact on the economy. I heard Rubin himself talk like this during a conference call in 2004, I recently debated his assistant, Former Clinton Administration official Robert Shapiro, who has been warning his readers about the same thing since as early as 2000.

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