Paul Krugman " Increase the debt, spend more"

[tsetsefly]

What a tool. Wasnt he for bigger bailouts and more stimulus as well?

Anyway, as true Keynesian he say's only government can get us out of this mess by spending. He said increased borrowing and spending should continue until things are back to normal. That should take about 8-10 years

This was on CNN so no link...

[BigBagel]

Re: Paul Krugman " Increase the debt, spend more"

Even if he was right the cure would kill us.

[loweyecue]

Re: Paul Krugman " Increase the debt, spend more"

Did he say increased lending and borrowing or just increased spending? Not that I agree with what he said.

[rabot10]

Re: Paul Krugman " Increase the debt, spend more"

Omg!!!!!!!!!!!!

[tsetsefly]

Re: Paul Krugman " Increase the debt, spend more"

Did he say increased lending and borrowing or just increased spending? Not that I agree with what he said.

He said increase government borrowing and increase the spending? implying you need to borrow more to spend more...

[hayekvindicated]

Re: Paul Krugman " Increase the debt, spend more"

He didn't get the Nobel Prize for nothing.