This Week Panel Discusses Bailout and Economy

The panel of George Will, Paul Krugman, Cokie Roberts and Sam Donaldson discussing the bailout for GM and the state of our economy.

Category:

News & Politics

Tags:

• This
• Week
• George
• Stephanopoulos
• Will
• Paul
• Krugman
• Cokie
• Roberts
• Sam
• Donaldson
• Economy
• Bailout
• GM

[Plutonwolf]

Where was the "bailouters" as we lost our steel makers, our textile industry, our Computer chip industry, our software industry, our house hold appliance industry, our home entertainment devices industry etc etc etc. Please spare me the trite Right wing noise about Unions and lazy AMERICAN workers, how can one compete when the foreign competition is Govt subsidized? Soon we will wave goodbye to Auto and aerospace and all we will be is an exporter of raw materials. And debt.

[ckthomps]

Wow, if the exchange between Krugman and Will doesn't illustrate the difference between having expertise on a topic, and appearing to have expertise on a topic, I don't know what does.

[WingThaiJ]

@Bobjb999 Krugman is a typical pencil pusher, hence, Y he made stupid comments about financial trade taxes he wants to impose on U.S.. He claims conservatives touts how great Singapore & Hong Kong use this tax structure,but fails to compare rest of their tax structure & why these countries have an economy which is booming. Tax rates in HK,corp&individual, R substantially lower than U.S. rates&HK has no tax on capital gains.Nobel Prize winner is either lieing or is an idiot as Jim Rogers claims

[rock90123]

so you didn't win a nobel prize. ok, i think im gonna take his word over your own. sorry. Also notice how you didn't argue with anything he actually said, most likely because you don't understand it. But oh, the Princeton professor won his NOBEL PRIZE in some other field of economics so he's probably wrong here. yeah right.

[ahirsch116]

Rock,

Obviously nothing; I'm sure Nobel Prize winning economists rarely comment on YouTube videos. That isn't the point. I am a lawyer by training that reads and studies economics as a hobby, but I take it seriously. It is frustrating when every liberal, most of whom know very little economic theory, read Krugman's column in the NY Times and assume that because he is famous and has won the Nobel, that they can cite him as being the last word on economic policy.

[rock90123]

and what did you win your nobel in?

[Bobjb999]

So, you think that means Krugman knows or understands no more about domestic economics than Mr. Will? That they're equals in the field? Yeah right.

Surely Krugman, as a career economist, has studied domestic economics in much greater depth than journalist Will. The Nobel proves he has the brains to understand economic mechanisms in depth. I'm not sure Will has ever demonstrated he's a deep thinker, as opposed to a amateur bloviator, in economics.

[ahirsch116]

Krugman's nobel was in international trade, not domestic economic policy.

[N2itv2]

DISASTER! No guidelines, oversight, review in the Economic Stimulus (ES) bill?!! HELP! Correct This Now Before Any Final Vote. "CHANGE" goals and directions will be thwarted without guidelines & oversight. Earmarks, targeting—call it whatever—are necessary!! B.S. to lamenting in the foreseeable aftermath!! "Trickle Down Theory" holes are DISASTER to Hope & to Change We Can Believe In. Yes to the E.S. Bill with guidelines & oversight! Contact your Congress and Senate persons today!!