Paul Krugman

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Paul Ryan's Budget Is Worse Than Pink Slime

Paul Krugman: It's history's 'most fraudulent' budget

(Newser) - Never mind that it's "inconceivably cruel" to cut taxes for the rich and aid for the poor: Perhaps the biggest problem with Paul Ryan's latest budget is that it's "surely the most fraudulent budget in United States history," writes Paul Krugman in the New ...

Romney Is a &#39;Closet Keynesian&#39;

 Romney 
 Is a 'Closet 
 Keynesian' 
paul krugman

Romney Is a 'Closet Keynesian'

Paul Krugman: Mitt's strongest commitment is to 'insincerity'

(Newser) - Mitt Romney pretends to subscribe to the right's economic orthodoxy, but his real beliefs are apparently very different, writes Paul Krugman in the New York Times . He let them slip the other day, saying that "if all you’re thinking about doing is cutting spending, as you cut...

Behind Europe's Economic Mess: 'Willful Amnesia'

Austerity measures violate basic economic tenets: Paul Krugman

(Newser) - Europe has been lauded for its commitment to austerity measures as a means of restoring its economies. But a quick look at the state of those economies reaffirms what any economist should already have known, writes Paul Krugman in the New York Times : The effort is backfiring. Krugman explains that...

Paul Krugman: Economy May Be Improving
 Finally, Sun 
 Through the 
 Economic Clouds 
paul krugman

Finally, Sun Through the Economic Clouds

Thanks to improving housing market, private debt: Paul Krugman

(Newser) - The economy has had its share of false starts over the past few years, but this time things could really be improving, opines Paul Krugman. "There’s evidence that the two great problems at the root of our slump—the housing bust and excessive private debt—are finally easing,...

Martin Luther King, Jr., Would Be Ashamed of Us: Paul Krugman
 MLK Would Be 
 Ashamed of Us 
paul krugman

MLK Would Be Ashamed of Us

Rising income inequality is cementing class system: Paul Krugman

(Newser) - If Martin Luther King were to see today's America, would he be proud? Paul Krugman thinks not. King dreamed his children would "not be judged by the color of their skin but by the content of their character." Today, we've become "a nation that judges...

Sorry, Mitt, America Isn&#39;t a Business
 Sorry, Mitt, 
 America Isn't 
 a Business 
Paul Krugman

Sorry, Mitt, America Isn't a Business

The goal isn't to boost profits: Paul Krugman

(Newser) - Mitt Romney is running on the premise that America needs a successful businessman to become CEO and turn it around. There's a glaring flaw in that argument, writes Paul Krugman of the New York Times : "America is not, in fact, a corporation. Making good economic policy isn’t...

Paul Krugman: Mitt Romney Running 'Post-Truth' Campaign
 Romney 
 Just Keeps 
 Making Stuff Up 

paul krugman

Romney Just Keeps Making Stuff Up

And the media won't stop him: Krugman

(Newser) - Mitt Romney doesn't seem to set great store by the truth: Lately, he's been ascribing views to President Obama that are pure fabrication, notes Paul Krugman in the New York Times . Just this week, the former governor implied that Obama sought a society in which "everyone receives...

Ron Paul's Money Policy Would Trigger Next Depression

Unfortunately, his views are embraced by the GOP: Paul Krugman

(Newser) - It seems to be Ron Paul's turn in the GOP spotlight, and while he may be a longshot to win the nomination, his views on monetary policy are representative of the party establishment—and they're highly dangerous, writes Paul Krugman in the New York Times . Paul believes in...

GOP Hopefuls Are 'Clueless'— or Faking It

Party's 'mythology' has gone off the deep end: Krugman

(Newser) - To be a Republican candidate these days, you have to attack Big Government while supporting Social Security, and attack a president who killed Osama bin Laden as "undermining" national security. In other words, writes Paul Krugman, you have to "be totally cynical or to be totally clueless."...

We Are the 99%? Try 99.9%

 We Are the 99%? Try 99.9% 
Paul Krugman

We Are the 99%? Try 99.9%

GOP policies really favor richest thousandth of population: Paul Krugman

(Newser) - Occupy Wall Street’s “We are the 99%” slogan is a pretty good one, but if anything it “aims too low,” writes Paul Krugman in the New York Times . “A large fraction of the top 1%’s gains have actually gone to an even smaller group,...

Paul Krugman: Why Mitt Romney's Wrong About Vouchers for Veterans


 Why Romney's 
 Wrong About 
 Veterans' Health 
paul krugman

Why Romney's Wrong About Veterans' Health

Current system exemplifies effective healthcare: Paul Krugman

(Newser) - With his proposal to give veterans vouchers for private insurance, Mitt Romney’s trying to fix something that ain’t broke. In fact, the current Veterans Health Administration is “a huge policy success story, which offers important lessons for future health reform,” writes Paul Krugman in the New ...

Paul Krugman: Failing Euro Proves Little
 Hey Ideologues: 
 Failing Euro 
 Proves Little 
paul krugman

Hey Ideologues: Failing Euro Proves Little

No call for austerity measures in US: Krugman

(Newser) - As the euro struggles to survive, “ideologues” are using the failing currency as political ammunition. They say it proves welfare states don’t work, and that the US needs “immediate fiscal austerity.” But they’re jumping to false conclusions, writes Paul Krugman in the New York Times...

Should We Cut &#39;Useless&#39; Defense Spending?
Should We Cut 'Useless' Defense Spending?
Krugman vs. Samuelson

Should We Cut 'Useless' Defense Spending?

Paul Krugman and Robert Samuelson both say no, but for different reasons

(Newser) - With the deficit super committee’s deadline looming , debate is raging over whether to cut defense spending. Robert Samuelson calls that urge "dangerous," writing in the Washington Post that military spending is actually down as a percentage of our budget. In recent decades "spending on social programs...

Paul Krugman: Europe's Got a Hole in the Bucket'
 Europe's 
 Got a 'Hole 
 in Its Bucket' 

paul krugman

Europe's Got a 'Hole in Its Bucket'

Eurozone countries face self-perpetuating crisis: Krugman

(Newser) - The euro crisis is dire indeed—but Paul Krugman can’t help seeing the gallows humor in it. “As one rescue plan after another falls flat, Europe’s Very Serious People just keep looking more and more ridiculous,” he writes in the New York Times . The core of...

Environmental Strategy of GOP: 'Too Dirty to Fail'

They protect polluters on the false pretext of saving jobs: EPA chief

(Newser) - House Republicans claim that to create jobs, we need to loosen environmental regulations. To that end, they’ve “averaged roughly a vote every day” in session to weaken the rules—and have already cut back the Clean Air Act, the Clean Water Act, and other laws, writes EPA chief...

Paul Krugman: Why Occupy Wall Street Protests Have Super-Rich Freaking Out
Krugman: Why Occupy Has Super-Rich Freaking Out
OPINION

Krugman: Why Occupy Has Super-Rich Freaking Out

'Plutocrats' realize their position is 'morally indefensible': Paul Krugman

(Newser) - As the Occupy Wall Street protests gain traction, we're seeing a vicious backlash from the nation's "plutocrats" and the politicians and pundits who back them up, writes Paul Krugman in the New York Times . Eric Cantor has decried the "mobs," which CNBC says are "...

IMF May Need Billions More
 IMF May Need 
 Billions More 

IMF May Need Billions More

But Paul Krugman's caveat: expansion, not austerity is needed

(Newser) - The International Monetary Fund needs to expand its $400 billion war chest to more effectively fight the latest round of euro zone crises, which could demand some $2.6 trillion to solve, reports the Telegraph . “The fund’s credibility, and effectiveness, rests on its perceived capacity to cope with...

Paul Krugman: Budget Cuts are 'Bleeding' the Economy
 Budget Cuts 
 Are 'Bleeding' 
 the Economy 
paul krugman

Budget Cuts Are 'Bleeding' the Economy

We need to spend to staunch the flow: Paul Krugman

(Newser) - Trying to fix the economy with budget cuts reminds Paul Krugman of an outdated medical practice: bleeding patients. This “economic bloodletting” is supposed to boost confidence, but it's a cure that just makes things worse. "Somehow, businesses and consumers seem much more concerned about the lack of...

Rumsfeld Kills NYT Subscription Over Krugman

Rummy fumes after reading columist's 'repugnant piece'

(Newser) - Donald Rumsfeld is mad as hell and he's not going to take it anymore—so he's canceled his subscription to the New York Times. "After reading Krugman’s repugnant piece on 9/11, I cancelled my subscription to the New York Times this AM," the former defense...

Paul Krugman: 9/11 Stained By Shame
 This Day Is Stained by Shame 
PAUL KRUGMAN

This Day Is Stained by Shame

What happened after the attacks was unforgivable: Paul Krugman

(Newser) - For many Americans, the 10th anniversary of September 11 comes shrouded in feelings of grief and loss, but the overwhelming emotion for Paul Krugman is shame. The "atrocity should have been a unifying event," but instead "fake heroes like Bernie Kerik, Rudy Giuliani, and, yes, George W....

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