Don't Drink Coffee and Read Krugman at the Same Time

The first line of Krugman's Deficits and Deceit put hot java through the sniffer:

Four years ago, Alan Greenspan urged Congress to cut taxes, asserting that the federal government was in imminent danger of paying off too much debt.

Stop it, Paul! He didn't:

On Wednesday the Fed chairman warned Congress of the opposite fiscal danger: he asserted that there would be large budget deficits for the foreseeable future, leading to an unsustainable rise in federal debt.

Please, my keyboard! Cruel bastard:

Does anyone still take Mr. Greenspan's pose as a nonpartisan font of wisdom seriously?

Lawsey. Read the whole thing. Short, sweet, and to the point. Even if you are a starve the beaster, and it's a position worth considering, at least have the decency to be honest about it.