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View Full Version : Is austerity always the best policy?



Qtec
06-01-2012, 05:00 AM
watch it. (http://www.bbc.co.uk/news/business-18281669)

Q

Gayle in MD
06-01-2012, 10:02 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Qtec</div><div class="ubbcode-body"> watch it. (http://www.bbc.co.uk/news/business-18281669)

Q </div></div>

Thanks. Excellent clip. I just used it in another thread.

I will watch the entire program a bit later....

G.

cushioncrawler
06-01-2012, 05:42 PM
I watched a bit of it. Krugman allways impresses me -- one of the better krappynomicysts for sure -- sayd good stuff.
InvestorMoron and FinanceIdiot are bottom-rung krappynomicysts -- mouth the uzual krap.

I particularly liked it where krugman accused them of uzing the recession to push for small-gov, rather than truely care for recovery (ie a Friedman shock tactic -- my words).

Depression = nonemployment.
Solution = fix employment (how simple iz that).
Best Fix = nonfunded gov spending (my words) = a real gov deficit (my words) (not the uzual gov-faux-deficit).

Me myself i reckon i shood get a Fake Nobel Prize too.
mac.

Soflasnapper
06-01-2012, 06:55 PM
Honest!