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Paul Krugman Talks Stimulus on MSNBC PT2

Paul Krugman Talks Stimulus on MSNBC's Morning Joe - Part 2 View part 1 here: http://www.youtube.com/watc... visit: http://firedoglake.com  
 
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migkillertwo (6 months ago) Show Hide
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"first 4 years of the New Deal"

Deficit spending occured all throughout Roosevelt's raw deal. Second, Hoover ran massive budget deficits during his term as president, and that failed. Third, there was extremely high unemployment all throughout the depression, contrary to the rest of the world. Instead of giving out money, we need to let the toxic assets liquidate themselves so resources can, once again, be allocated to more productive sectors.
KWrestler21 (9 months ago) Show Hide
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Pat Buchanan fuckin' owned.
return135 (9 months ago) Show Hide
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After Obama's stimulus fails and the economy stays in the hole the debate on Keynes vs Austrian free market better end.
hansson2000 (8 months ago) Show Hide
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wont that take longer then 4 years in order to make the market begin upholding itself instead of our taxmoney?
anagnostopoulos88 (7 months ago) Show Hide
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return135, that really isn't a fair comparison. Although the Austrian school may have some interesting insights into the operation of the economy, it, like the institutionalists of the turn of the century, doesn't really offer any falsifiable or practical theories. Also, if you actually read Road to Serfdom by Friedrich Hayek, you only find poor historiography to justify the understandable fear of mid 20th century communism/fascism, not a body of work to define the "free market."
migkillertwo (6 months ago) Show Hide
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"doesn't really offer any falsifiable or practical theories."

you can't apply scientific epistemology to an incredibly soft field like Economics.
jacqueslaumone (9 months ago) Show Hide
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It's really sad, the guy won a Nobel so now he has to go on teevee to talk the stupidest people on the planet.
truefictions (9 months ago) Show Hide
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TAX CUTS ARE YOU NUTS!

Think of all those poor folks employed by the Government!

They produce so much wealth we would be nuts to fire them!

What is the world coming to..
halodayz (9 months ago) Show Hide
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you guys are all bitchn about al LITTLE stimulus package!

JUST WAIT FOR THE NEXT ONE!


they will be discussing it in another couple months and will make this look like pocket change.

if you think this bill will get people back to work, then maybe you should read about what is happening in europe!
stewart0312 (9 months ago) Show Hide
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LOL. You got it all figured out. More stimulus packages, more baliouts and more printing money because that is all they know.

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