Monday, June 28, 2010

Krugman - The Third Depression -

(c) 2010 F. Bruce Abel

Hooverism rampant.  I happen to agree with Paul Krugman.

Op-Ed Columnist - The Third Depression - "So I don’t think this is really about Greece, or indeed about any realistic appreciation of the tradeoffs between deficits and jobs. It is, instead, the victory of an orthodoxy that has little to do with rational analysis, whose main tenet is that imposing suffering on other people is how you show leadership in tough times."