According to Krugman the Obama stimulus package should have been 50 -60 percent bigger, an amount that would probably have made Keynes blush were he around to witness it. This is the same Krugman that served as an economic advisor to Enron in the late 90s and was awarded the Nobel prize for economics in 2008. Never mind that future generations will be saddled with debt and forced to pay for the sins of irresponsible lenders and borrowers for ad-infinitum , the Boomers want their retirement!
Thursday, March 5, 2009
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