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GPS: Paul Krugman - Part 1 - July 4, 2010

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Uploaded by on Jul 4, 2010

Economist Paul Krugman is a proponent of a strong economic stimulus now. On Fareed Zakaria's GPS.

Part 2 Krugman: http://www.youtube.com/watch?v=MSIFk_0pOh0

Part 1, Niall Ferguson on GPS after Krugman: http://www.youtube.com/watch?v=03CB8pVJkI8

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  • Towards the end, he stated that the stimulus was insufficient, does anyone know the amount he proposed? I'm curious. . . just want to calculate what our shit hole would have been if we followed through, and how much hassle we rid by reverting to the already horrid 800 billion.

  • Paul Krugman, my dad loves your shit

  • @uru86 People use UI to pay down their mortgage all the time and save the rest, last thing they do is go buy new and unwanted stuff, I don't see how that will stimulate the economy.

  • @MrBloody32 and stimulus money

  • @zuzupetals1999 and a scum, a piece of shit, a waste of this society.

  • Krugman is a complete idiot.

  • krugman is an idiot man is a fag, and a moron, anybody who lissens to him is a retard just like him.

  • @georgesorosisgay You crazy bigot, don't you realize that racists like you are poison to America. Why would you hate someone like Krugman. It is people like you who hurt America's standing abroad by hurling these racist comments. Krugman is a brilliant economist who exposes the fallacies of morons like Ryan who cannot understand economics. He actually understands what he is talking about and America can take lessons from him

    Go learn economics you racist pig

  • wow krugman vs fergeson, this is like paquiao vs ali!

  • Actually people spend more on stuff where prices are falling than on stuff where prices are rising. Besides being logic, it's also stated in some new inflation reports. PC's and clothing sell well. They have been deflationary for at least two decades. His take on public spending is probably also wrong. Studies on 50 US states show that removing public spending increases private spending by two to one. The 1929-39 depression included public spending taking up 50 pct more of GDP 1931 onwards.

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