mrstickball said:
Problem with Krugman is that he's no longer an economist. He's a cheerleader of Democrats. To me, you lose any and all credibility as an economist when 95% of your articles lambaste political parties and people that question Keynesian policies. FWIW, a degree in economics is where its at. Median incomes from those that have the degree are the highest in the US. |
It doesn't help that what he says directly contradicts what he's witten.
LOTS of people are saying this new round of QE is too small at 500 billion. Which combiend with the last round is 1.2 Trillion worth of capital pushed into the system... if that combined with the actual stimulus spending isn't enough...
How much is?
It seems pretty clear to me, either stimulus spending doesn't work... OR if it does work, we weren't spending it in the right places.
