Thursday, August 4, 2011

Quote and Post of Note by Paul Krugman

Economics and Politics by Paul Krugman - The Conscience of a Liberal - "Third, the idea that a temporary disruption would permanently damage faith in US institutions now seems moot; if you haven’t already lost faith in US institutions, you’re not paying attention."


Dale said...

Exactly. Krugman is, as always, on the mark. I saw him speak in early 2009 when he was saying the "stimulus" just passed was deeply inadequate to the economic crisis, not least because it was (a) too small and (b) too skewed toward preserving existing inequalities. I hoped he was wrong but expected he was right. He was right.

Sheldon said...

Dale thanks for your comment and faithful following, you are my one and only! :)