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Mr. Paulson defended this latest iteration, saying he would never apologize for changing his approach as the facts change.
"I will never apologize for changing the approach and the strategy when the facts change," he said.
"I will never apologize for changing a strategy or an approach if the facts change," Paulson said.
"I will never apologize," says the secretary, "for changing the approach and the strategy when the facts change".
But as the British economist John Maynard Keynes replied when criticized for changing his position on an economic policy, "When the facts change, I change my mind.
Existing policies are changing our economic outlook all the time, projections are revised, facts change.
Facts change, and circumstances change.
New facts change old evaluations.
"WHEN the facts change, I change my mind.
It's perfectly reasonable to change your position if facts change.
When the facts change, it's time Brown changed his mind.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com