“This is hard to get people to do, much better, obviously, to build bridges and roads and healthcare clinics and schools. But my proposed, I actually have a serious proposal which is that we have to get a bunch of scientists to tell us that we’re facing a threatened alien invasion, and in order to be prepared for that alien invasion we have to do things like build high-speed rail. And the, once we’ve recovered, we can say, “Look, there were no aliens.” But look, I mean, whatever it takes because right now we need somebody to spend, and that somebody has to be the U.S. government.”
Paul Krugman
“Alan Greenspan needs to create a housing bubble to replace the NASDAQ bubble.”
Paul Krugman
“It seems almost in bad taste to talk about dollars and cents after an act of mass murder. Nonetheless, we must ask about the economic aftershocks from Tuesday’s horror. These aftershocks need not be major. Ghastly as it may seem to say this, the terror attack – like the original day of infamy, which brought an end to the Great Depression – could even do some economic good.”
Paul Krugman – 9/14/01
”We have a world-class budget deficit not just as in absolute terms, of course — it’s the biggest budget deficit in the history of the world — but it’s a budget deficit that, as a share of GDP, is right up there.”
Paul Krugman warning about Bush’s $400 billion deficit in 2004
harry p. says:
I picture krugman and bernanke as a modern stalin and hitler
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1st November 2012 at 9:13 am
ThePessimisticChemist says:
This is how I picture them
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1st November 2012 at 9:49 am