Krugman: Spend spend spend

Paul Krugman once again urges more spending and predicts calamity if we don't. He has a point that neglecting our roads, our schools, and other infrastructure could have a negative impact. However, in his column, he never talks about why states and local governments are so cash strapped. He says that waste and fraud were never as great as right wingers claims but he doesn't mention the huge pension liabilities that so many states face. How many schools have to cut back because they have to pay huge pensions to retired teachers? The Market Ticker discusses the out of control spending by many schools. Does buying Nintendo Wiis and big screen TVs really improve education?