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<blockquote data-quote="RobGMN" data-source="post: 8884385" data-attributes="member: 683408"><p>Krugman is the econ0mists' equivalent of heroin-user Robert Kennedy being worried about COVIUD vaccines and fluoride.</p><p></p><p>Krugman's solution: <em>"he notes that other countries have had similarly high or even higher debt levels before, including Britain after World War II. Second, he thinks stabilizing debt relative to gross domestic product (GDP) is economically simple—it “just” requires reducing the federal deficit by 2.1 percent of GDP every year (that’s about $600 billion right now). Third, he concludes that Republicans who express concern about the debt usually advocate tax cuts that worsen the debt outlook, so why should anyone else bother?"</em></p><p></p><p>Would you trust him to handle your finances?</p></blockquote><p></p>
[QUOTE="RobGMN, post: 8884385, member: 683408"] Krugman is the econ0mists' equivalent of heroin-user Robert Kennedy being worried about COVIUD vaccines and fluoride. Krugman's solution: [I]"he notes that other countries have had similarly high or even higher debt levels before, including Britain after World War II. Second, he thinks stabilizing debt relative to gross domestic product (GDP) is economically simple—it “just” requires reducing the federal deficit by 2.1 percent of GDP every year (that’s about $600 billion right now). Third, he concludes that Republicans who express concern about the debt usually advocate tax cuts that worsen the debt outlook, so why should anyone else bother?"[/I] Would you trust him to handle your finances? [/QUOTE]
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