I read this earlier this morning. It is very well-written.
HAHAHAHAHAHAHA
I cannot stand reading Paul Krugman. For his column there are only two positions, wrong and lie.When he isn’t busy being wrong just about everything under the sun, he is lying.
Paul Krugman is a lying cheat. From 2004:
“Krugman calls on Bush to reign in the red”
http://www.abc.net.au/lateline/content/2004/s1064193.htm
- Influential economist Paul Krugman says the US will face a severe downturn before the end of the decade unless the $500 billion fiscal debt is rectified.
- Well, basically we have a world-class budget deficit not just as in absolute terms of course - it’s the biggest budget deficit in the history of the world - but it’s a budget deficit that as a share of GDP is right up there.
- Long-term interest rates which should reflect all these things are actually quite low right now and it’s an interesting thing when you try to talk to people in the bond market, why, you ask, doesn’t the deficit worry you?