Paul Krugman seems to spend most of his time these days yowling for higher spending EVERYWHERE. If you listened to Krugman, you’d think every economic problem America and Europe has is a result of not spending enough money. Krugman’s thinking is loosely based on Keynesian economic theories that don’t work now and have never worked at any point in the past. The whole idea that the government can make the economy surge by taking tax money out of the economy and spending it is like trying to fill a swimming.
If you listened to liberals like Paul Krugman, you’d think the biggest problem with the economy is that the government isn’t spending enough money. In the imaginary world they inhabit, we’ve adopted a policy of “austerity” and the r... Read Post
The man who may be the most famous liberal columnist in America, the New York Times Paul Krugman, is an advocate of completely unrestrained spending. His attitude, which seems to be shared by the Democratic leadership in DC, is that... Read Post
Barack Obama and the Democrats in Congress have gone on the largest spending spree in recorded human history and all the while, Paul Krugman has not just been cheering them on, he’s been shouting “Spend more” at the top of his lungs... Read Post