Tag Archive for Paul Krugman

“The Jersey Comeback” gets the Bronx Cheer

Tonight’s GOP Convention keynoter is New Jersey Governor Chris Christie, a conservative many in the Republican Party had hoped would run for president instead of Mitt Romney.  Fox News and other conservative media hype Christie’s budget-cutting Jersey’s budget back to fiscal health, yet Princeton economics professor and NY Times columnist Paul Krugman shows that Christie’s…

Supercommittee Fails

US Capitol Building - Dark Clouds

Reaction to the Supercommittee’s failure to reach agreement on spending cuts and revenue generation are hitting the mainstream media and the political blogs.  From the New York Times: Speaking an hour after the talks failed, President Obama promised to veto any legislation that seeks to avoid the automatic cuts that negotiators agreed would go into…

A call for a New Stimulus

The Los Angeles Times carried a page one editorial from writer Michael Hiltzik today in which the writer called for a new stimulus program to rescue the economy.  NY Times columnist and Princetron economics professor Paul Krugman’s crticism of the previous stimulus effort was that it wasn’t biog enough.  In times of economic crisis, not…

A Debt Ceiling Vote Paid for on a Backs of Working Families

I’m not happy with the compromise struck between the President, the Senate and the House on the drastic spending cuts in exchange for raising the debt ceiling.  Make no mistake, the spending cuts will hurt the poorest and middle class the most, leaving tax loopholes alone for those most able to afford losing them.  It’s 1937…

Paul Krugman: Most Libertarians Fail to Defend Liberty

 I’m looking forward to the comments our Libertarian friends will have to this New York Times blog post by Paul Krugman. I’m sure there will be whining and complaining, and usually from the same people so quick to ill-define what Liberals stand for and support. I’ve said for years that these Ron/Rand Paul loving…

The Failure of Supply Side Economics

The Register’s Brian Calle and John Seiler have both weighed in on our repsonse post about the failure of Reaganomics, better described as “supply side economics” citing the 40th president’s view that placing more money in the hands of Americans is a better way to go and that President Obama should heed the advice of…

Krugman nails Republicans on Healthcare Reform

Nobel prize winning econmist, Princeton professor and NT Times columnist Paul Krugman has a column in the nation’s newspaper of record that actually savages Republicans for their positions on healthcare reform.  In a word, the Republican plan is…nothing. From the piece: It was obvious how things would go as soon as the first Republican speaker,…