“Of course, some players won’t change. Republicans won’t stop screaming about the deficit because they weren’t sincere in the first place: Their deficit hawkery was a club with which to beat their political opponents, nothing more—as became obvious whenever any rise in taxes on the rich was suggested. And they’re not going to give up that club.
Paul Krugman, “The Wrong Worries,” The New York Times, August 4, 2011
Remember, Professor, prices change when markets change. The value of clubs goes up and down as well.