Paul Krugman Supports Stimulus, Warns No Quick Fix

Complete video at: http://fora.tv/2009/01/29/Paul_Krugman_Global_Economy

Nobel Prize-winning economist Paul Krugman weighs various proposed economy-stimulating plans for the Obama stimulus package, but warns that any government action will take time to have a significant effect on the economy.

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Ten years ago, in The Return of Depression Economics, Paul Krugman warned of the financial crisis we are facing today.

Princeton professor and winner of the 2008 Nobel Prize in Economics, Krugman is recognized worldwide for his ground-breaking theory of international trade. In his bi-weekly column in the New York Times, Krugman delivers a no-holds-barred commentary on economic policy, politics, and more. - World Affairs Council of Oregon

Paul Krugman is an American economist, columnist, author and intellectual. He is a professor of economics and international affairs at Princeton University, a centenary professor at the London School of Economics, and an op-ed columnist for The New York Times. In 2008, Krugman won the Nobel Memorial Prize in Economic Sciences.

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[SubmarineVetOnRite]

Dude flunked speech 101!

[SubmarineVetOnRite]

What a bonehead! Nobel prize? Doesn't he know that Obama said the stimulus package was for shovel ready jobs? Could Obama be WRONG? Reduce spending and do it NOW!!!

[islandmuffin]

@shadowgeyser Go to econjwatch dott org.

[islandmuffin]

@FreakishDonQuixote Peer-reviewed study finds Keynesian Paul Krugman is the most partisan economist. Krugman was the only economist to "significantly" change his stances for partisan reasons. Krugman has even gone so far as to contradict his own findings to bash Republican politicians.

The peer-reviewed research was published in May 2010 issue of the Econ Journal Watch (EJW), edited by Daniel B. Klein.

Seven Nobel laureates are members of the EJW Advisory Council

[jjrglobal]

@allgoo19 1946 biggest economic growth in American history, taxes reduced by 50% and government spending reduced by 75%

[allgoo19]

@jjrglobal

"Its far too much evidence and information to type in 500 words.."

You don't need to use 500 words. All I need is a name of historical incident your comment is based on.

Let me have the same info. you saw.

[jjrglobal]

@allgoo19

Its far too much evidence and information to type in 500 words. But you keep on having that closed idiot mind of yours. You'll never figure out shit, but then again your a professional ninja. Dipshit

[jjrglobal]

@allgoo19

I make around $150 to 200K depending on the year. when the income tax was first put in front of the American people, the way it was sold was that only the top 1% would ever be affected. So dont think that $250K a year will keep you from being in the high tax bracket, the way things are going $250K may be minimum wage per hour. School teachers in Zimbabwe make $30 trillion a month and their currency was equivalent to ours just 30 years ago

[allgoo19]

@jjrglobal

"watch?v=6XbG6aIUlog"

Any 5 yr old kid can agree on certain vide without understanding it.

Try again and answer my question by using your own word.

[jjrglobal]

@allgoo19

watch?v=6XbG6aIUlog

Please watch this, its how real economics works