Word: krugman
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...conversation with Professor David R. Gergen of the Kennedy School, Krugman said that he disapproved of the latest version of a U.S. bank bailout plan scheduled to be announced today...
Nobel Prize-winning economist and acclaimed New York Times columnist Paul R. Krugman presented a sobering forecast for the U.S. economy at the First Parish Church of Cambridge yesterday evening...
...plan, Krugman said, was on too small a scale, and would prove little better than “rearranging the deck chairs on the Titanic and then bailing out some water...
...Krugman added that he thought that only a stimulus plan 50 percent bigger than the one proposed by the administration of President Barack Obama could rectify the self-reinforcing nature of the current economic crisis...
...solve the current economic problem, the government must be willing to run up a 40 percent budget deficit, Krugman said...