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Paul Krugman / Till debt does its part: The new deficit numbers look terrifying but aren't that bad

Brussels : Belgium | 3 months ago  
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So new budget projections show a cumulative deficit of $9 trillion over the next decade. According to many commentators, that's a terrifying number, requiring drastic action -- in particular, of course, canceling efforts to boost the economy and calling off health-care reform.
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  • News Source: Uinta County News | 3 months ago
    Paul Krugman, the Nobel laureate in economics, yesterday argued that deficit spending as policy is nothing to be afraid of. In a New York Times piece, "Till Debt Does Its Part", Professor Krugman takes the position that deficits are actually helping...
  • News Source: Pittsburgh Post-Gazette | 3 months ago
    So new budget projections show a cumulative deficit of $9 trillion over the next decade. According to many commentators, that's a terrifying number, requiring drastic action -- in particular, of course, canceling efforts to boost the economy and...
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