Posts tagged '[Paul Krugman]'

Points to Consider

Paul Krugman:

  1. The economy isn't like an individual family that earns a certain amount and spends some other amount, with no relationship between the two. My spending is your income and your spending is my income. If we both slash spending, both of our incomes fall.

  2. We are now ...

"Obstruct and Exploit"

Before you give heed to Republican criticisms of how "the President has failed America," read this article by Paul Krugman.

A year ago President Obama proposed boosting the economy with a combination of tax cuts and spending increases, aimed in particular at sustaining state and local government employment. ... The Jobs ...

"Are You Better Off?"

Via Krugman:

Dean Baker has exactly the right metaphor for journalists asking the really dumb "are you better off" question:

Suppose your house is on fire and the firefighters race to the scene. They set up their hoses and start spraying water on the blaze as quickly as possible. After ...

"Austerity Will Work! Wrong."

Borrowing a graph from Krugman, I think staging the United State's recovery versus the United Kingdom's gives us an interesting comparison of liberal versus conservative fiscal policy.

US vs UK recovery

Krugman says it best:

Osborne’s big idea was that Britain should turn to fiscal austerity now now now, even though ...

"The Real Winners"

Economist Paul Krugman offers his view on the recent Supreme Court ruling on the constitutionality of the Affordable Care Act.

From the New York Times:

In short, unless you belong to that tiny class of wealthy Americans who are insulated and isolated from the realities of most people’s lives ...

"Economists on Healthcare"

You don't have to be lawyer to have common sense.

Via Krugman:

We know, or I think we know, that a single-payer system -- in which the government collects taxes, and uses the revenue to provide health insurance -- would be constitutional. I mean, I don't think the court is ...

"A Bad Economic Analogy"

Everyone has heard from the Right that government needs to "tighten its belt" and behave like a responsible family in times of economic crisis. Paul Krugman blows a nice hole in this analogy:

When a family tightens its belt it doesn't put itself out of a job. When a ...

"Give Me My Money and Go Away"

A drilldown on hypocrisy.

Paul Krugman discusses a New York Times article that articulates the ratio of money states give and receive to and from the Federal government versus their political philosophy:

So are states that get a lot but don't pay much also states that vote for candidates ...

"The Futility Of Bipartisan Outreach"

I love the way Paul Krugman articulates the realities of our government:

President Obama has tried -- desperately, and far beyond the point at which it made any kind of sense -- to reach out across the partisan divide. ...And his reward for all that is that Mitt Romney describes him as ...