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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (657616)	6/4/2012 10:46:00 AM
From: mel221	Read Replies (1) \| Respond to of 1577883

Ahhh. I love Krugman in the morning. I get a bigger jolt from his article than a double espresso! What's that he says? That the 5 trillion dollars of Federal stimulus over the past 4 years is not enough. What does he want? Even more Federal stimulus and in a shorter period of time. What is his specific recommendation now? Perhaps something like incurring 5 trillion dollars of deficit spending over the next 2 years? What's that? More? Does he really want to incur 7.5 trillion dollars of deficit spending over the next 2 years? By the way, this is not the economic policy of Republican dreams. He knows that and doesn't want Republicans in power to achieve their dreams.

To: puborectalis who wrote (657616)	6/4/2012 10:48:13 AM
From: i-node	2 Recommendations Respond to of 1577883

Over all, the picture for America in 2012 bears a stunning resemblance to the great mistake of 1937, when F.D.R. prematurely slashed spending, sending the U.S. economy — There is never enough spending for Krugman. Never mind the fact that we are so far in debt that we can never pay it back anyway. Borrow some more, and spend it on crap.

To: puborectalis who wrote (657616)	6/4/2012 10:48:37 AM
From: Sdgla	2 Recommendations Respond to of 1577883

George Will Schools Krugman on Gov. Walker: $3 Billion Deficit 'He Inherited' Has 'Become a Surplus' By Noel Sheppard \| June 03, 2012 \| 16:16 Read more: newsbusters.org York Times columnist Paul Krugman got another much-needed education from syndicated columnist George Will on ABC's This Week Sunday. After Krugman impugned Gov. Scott Walker (R-Wisc.) for his so-called "fiscal irresponsibility," Will simply and quite accurately responded, "A more than $3 billion budget that he inherited, a deficit, has now become a surplus" (video follows with transcript and commentary): [yt]george-will-schools-krugman-gov-walker-3-billion-deficit-he-inherited#ixzz1wpspHqsI[/yt] GEORGE STEPHANOPOULOS, HOST: We have a couple minutes left before we have to take a break, and I just quickly want to go to you, George Will, because you're calling this recall election in Wisconsin, coming up on Tuesday, Governor Scott Walker, the Republican, facing a recall, the second most important election this year. GEORGE WILL: Yes, because it's a microcosm of what the country faces, an attempt to change the trajectory of the public sector. You have this extraordinary conflict there where unions are defending their privileged position. And it does look as though Wisconsin people are going to try and take that back. The man running against Scott Walker, Mayor Barrett of Milwaukee, has used the Walker reforms to save $19 million in the Milwaukee budget itself, so he's running against a man whose reforms he's emulating and using. PAUL KRUGMAN, NEW YORK TIMES: And yet, of course, Walker is proposing tax cuts that will do much more to hurt the budget than any of these alleged savings. So this is -- it is a microcosm. It is -- it's not -- it's not fiscal responsibility versus irresponsibility. It is a vision of what kind of country you want to have and whether we're going to redistribute income upwards. Read more: newsbusters.org Read more: newsbusters.org