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.
@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.
@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
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.
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.
higheddy89 3 months ago
Paul Krugman, my dad loves your shit
salrap124 7 months ago
@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.
ArgentThug 9 months ago
@MrBloody32 and stimulus money
ArgentThug 9 months ago
@zuzupetals1999 and a scum, a piece of shit, a waste of this society.
ArgentThug 9 months ago
Krugman is a complete idiot.
zuzupetals1999 10 months ago
krugman is an idiot man is a fag, and a moron, anybody who lissens to him is a retard just like him.
cetnik03 1 year ago
@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
GoVikes0 1 year ago
wow krugman vs fergeson, this is like paquiao vs ali!
vorrifmn 1 year ago
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.
nkristianschmidt 1 year ago