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KRUGMAN: Watch This Video, And You'll See Why The Economy Is Doomed

Hand it to Paul Krugman: He's not out to make friends. Today he appeared on ABC's Sunday morning show, This Week, and then immediately wrote a blog post basically calling all of his other panelists dumb. Those other panelists include such names as Google's Eric Schmidt, Carly Fiorina, former Michigan Governor Jennifer Granholm, George Will, and David Walker. As Krugman sees it, all these "serious people" spout nothing but cliches (entitlement reform! more education! tax reform! more help for small businesses!) whereas the crux of the problem in the US, says Krugman, is lack of demand, and weak fiscal stimulus.
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Krugman Debunks Claim That Businesses Pay ‘The Single Highest Tax Rate In The World’

US Politics / Liberal : Think Progress (3 years ago)

Nobel Prize winning economist Paul Krugman hit back against the GOP’s claim that American businesses pay the highest corporate taxes in the world during an appearance on ABC’s This Week Sunday morning, lashing out at Mitt Romney’s C... Read Post

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US Politics / Liberal : Firedoglake (5 years ago)

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Politics / US Politics : Washington Wire (1 hour ago)

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