Krugman’s op-ed about why he, as Nobel-winning macroeconomist, isn’t worried about the debt includes these arguments: 1) America’s debt/gdp today is ok bc it’s lower than Britain’s was at the end of WWII 2) The debt can be stabilized by cutting deficit by $600 bln/year even

发布时间: 2024-06-09 00:50:46

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Krugman’s op-ed about why he, as Nobel-winning macroeconomist, isn’t worried about the debt includes these arguments: 1) America’s debt/gdp today is ok bc it’s lower than Britain’s was at the end of WWII 2) The debt can be stabilized by cutting deficit by $600 bln/year even
时政
( twitter.com )

Krugman’s op-ed about why he, as Nobel-winning macroeconomist, isn’t worried about the debt includes these arguments:

1) America’s debt/gdp today is ok bc it’s lower than Britain’s was at the end of WWII

2) The debt can be stabilized by cutting deficit by $600 bln/year even though he acknowledges that’s politically impossible

3) Republicans are fiscally irresponsible so therefore he, as a Dem, shouldn’t have to worry

Well, that alleviates my concerns.

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