Word: krugman
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Dates: during 2000-2009
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...Paul Krugman...
...still have double-digit unemployment, we still have trouble in the housing market and consumers are still very cautious," says Krugman. "Retailers are still going to have their work cut out for them in terms of keeping the momentum going...
...Scott Krugman, an NRF vice president, sees Black Friday as a barometer for consumer sentiment but says it's not a slam dunk for how the rest of the holiday season will go. Last year, for example, shoppers spent 7% more over the Black Friday weekend than they did the year before. Yet holiday sales ultimately fell 3.4%, he notes. (See TIME's 2009 Holiday Gift Guide...
...Shopper traffic well surpassed our expectations," says Krugman. However, the dip in spending left him cautious, and he continues to project a 1% sales decline for the total holiday season...
...Ominously for Beijing, the value of the RMB may be one of the few things the fractious American political class seems to agree on. Recently, Paul Krugman, the Nobel Prize-winning economist and columnist for the New York Times - and a steadfast Obama cheerleader - wrote a column ripping Beijing for its "outrageous" currency policy. He was followed late last week by Martin Feldstein, a former chief economic adviser to Ronald Reagan, who made a similar argument in the pages of the Financial Times. Both noted that the RMB-dollar peg is badly hurting economies in Europe and East Asia...