Freshwater Economics
Paul Krugman wrote a blog about the reaction to his NY Times Magazine article about what he styled "freshwater" macro-economists, numbers-mad non-east- or west-coast USA-heartland ec or biz school profs who do not study or teach Maynard Keynes' ideas and reject his theories. Because this is feeding into the virulently anti-government mood of some Americans going in for tea parties, Krugman is worth quoting. These guys criticize not just Obamanomics, TARP, bailouts, and viciously oppose Obama-care. Some also want to abolish the Fed and social security:
"The freshwater outrage over finding their own point of view criticized is, you might think, a classic case of people who can dish it out but can’t take it.