Word: krugman
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...coverage to individuals with pre-existing conditions. To do this, Democrats mandate that all Americans buy insurance in order to prevent people from gaming the system. This mandate in turn requires government subsidies for those who cannot afford coverage. These three new regulations amount to what Paul Krugman calls the “three-legged stool” of reform...
...presidential candidates, and the conservative punditry hailed Ryan as a "one-man refutation to the idea that Republicans are the Party of No," as Pete Wehner, senior fellow at the Ethics and Public Policy Center, puts it. The response from the left has been equally charged. Paul Krugman of the New York Times skewered the proposal as the centerpiece of a Republican "economic agenda that hasn't changed one iota in response to the economic failures of the Bush years." The Washington Post's Ezra Klein, who praised aspects of the proposal for its candor, called it a "radical document...
...Krugman noted that the unemployment rate in the average financial crisis rises for almost five years before starting to decline...
...response to a question from the audience, Krugman critiqued President Barack Obama’s recent proposal to break up large banks for not addressing “the essence of the financial crisis...
...used the phrase that we’re living in the dark age of macroeconomics,” Krugman said. “Barbarism was they never knew better. [The] Dark Age is people forgot what the Greeks and Romans knew, and to some extent that’s where we are in economics...