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Politics : President Barack Obama

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To: LLCF who wrote (52627)3/26/2009 11:56:10 AM
From: koan  Read Replies (1) of 149317
 
>>
LOL... you seem to be missing a giant piece of the puzzle... people are in glass houses throwing stones. The Austrians say let is crash and burn. Krugman and all are saying let it crash and burn. And somehow you are saying they are different.... They're both talking about the 'mechanism' of the economy... not about letting anyone starve.<<

Krug has most certainly not said "let it crash and burn". He is saying we need to use Keynsian economics and put it on steroids.
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