LJ_Reloaded
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- Joined
- Apr 3, 2010
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- 21,217
Of course not. Everyone struggles hard to forget when I'm right about economics. Pretty much that means forgetting EVERYTHING I've ever said, LOL.
But wait... Paul Krugman, Nobel Laureate and most accurate predictor among all pundits, has been agreeing with me on this, too. Hmmmm.
http://www.motherjones.com/politics/2013/01/paul-krugman-economics-keynes
There are few political commentators who excite such passion (whether admiration or, on the other end, rage) as New York Times columnist Paul Krugman. The reason seems obvious: He writes directly about one of the most central issues in politics—the economy—and does so decisively and definitively. The man is, after all, a Nobel laureate in the field. But unlike so many other scientists and experts, he also happens to have a way with words and little inclination to pull punches.
Krugman's latest book, End This Depression Now!, makes a strong case that the current focus on cutting budget deficits is misplaced. An economic crisis like this, with lingering high unemployment, demands a big infusion of government stimulus, argues Krugman. In contrast, cutting spending or imposing austerity only worsens things—just as we've seen of late across Europe.
But wait... Paul Krugman, Nobel Laureate and most accurate predictor among all pundits, has been agreeing with me on this, too. Hmmmm.
http://www.motherjones.com/politics/2013/01/paul-krugman-economics-keynes
There are few political commentators who excite such passion (whether admiration or, on the other end, rage) as New York Times columnist Paul Krugman. The reason seems obvious: He writes directly about one of the most central issues in politics—the economy—and does so decisively and definitively. The man is, after all, a Nobel laureate in the field. But unlike so many other scientists and experts, he also happens to have a way with words and little inclination to pull punches.
Krugman's latest book, End This Depression Now!, makes a strong case that the current focus on cutting budget deficits is misplaced. An economic crisis like this, with lingering high unemployment, demands a big infusion of government stimulus, argues Krugman. In contrast, cutting spending or imposing austerity only worsens things—just as we've seen of late across Europe.