This pretty much sums up how we got in the mess we’re in. Paul Krugman, whose Nobel Prize in Economics single-handedly discredited the Nobel Prize in Economics forever, unabashedly says the things the Obama administration thinks is afraid to say out loud. Krugman says a billion dollars isn’t a lot of money compared to the size of our economy. Well, $50 probably isn’t a lot of money compared to Krugman’s net worth, but I’m betting it would suddenly be a lot if I asked him to give it to me.
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