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Tag Archives: Paul Krugman
In the New York Times, Paul Krugman offers his theory as to why Republicans can’t seem to manage to say what, specifically, they want to cut from the federal budget in negotiations with President Obama: Democratic dominance among Hispanics has … Continue reading
Paul Krugman continues to think that what’s going on in Greece, Italy, and Spain says nothing—nothing!—about the political culture surrounding welfare statism in Europe and everything about the way the euro ties the hands of those making monetary policy: Japan is much more deeply … Continue reading
A Keynesian Take on the Debt-Ceiling Deal: Paul Krugman Derides Obama’s Faith in the “Confidence Fairy”
Here’s a small part of what Paul Krugman recently wrote in the New York Times on the debt-ceiling deal: We currently have a deeply depressed economy. We will almost certainly continue to have a depressed economy all through next year. And … Continue reading
In a recent New York Times article, Paul Krugman sees Europe and America channeling Herbert Hoover: As far as rhetoric is concerned, the revival of the old-time religion is most evident in Europe, where officials seem to be getting their … Continue reading
During the 2008 primary, both Rush Limbaugh and Paul Krugman wanted to see Hillary Clinton defeat Barack Obama. And since Obama has become president, Limbaugh and Krugman have both been in a pissy public funk about it. They remind me of William … Continue reading
Economist Nouriel Roubini was interviewed by US News & World Report recently, and was asked about Obama’s economic team, and whether he thought the recession would turn into a depression: What advice do you have for President-elect Obama? First of … Continue reading
$600 Billion Dollars?: Nobel Economist Paul Krugman Recommends That Obama Propose an Immediate Stimulus/Deficit Spending Package of Over a Half Trillion Dollars. He Says That to Avert a Full-On Depression You Cannot Be Timid
With Best Buy reporting a “seismic” decline in business, and the Fed unable to cut interest rates any lower than they already have, Nobel Prize economist Paul Krugman (of the NY Times) recommends to Obama that he propose immediately, on entering … Continue reading
Economics 101: Paul Krugman Explains How 2008 is Like 1929—and Why We Don’t Have to Repeat Depression-Era History
Back in March of 2008, six months before the current financial crisis, Paul Krugman, in an ominously titled opinion piece for the NY Times (“Partying Like It’s 1929”), explained, in the clearest fashion that I’ve seen anywhere, what a credit … Continue reading
“No Deal”: NY Times Opinion Writer and Economist Paul Krugman Weighs in on the Trillion Dollar Bailout of Wall Street
Krugman says “No Deal”: I hate to say this, but looking at the plan as leaked, I have to say no deal. Not unless Treasury explains, very clearly, why this is supposed to work, other than through having taxpayers pay … Continue reading