Paul Krugman speaks in Washington, DC

New York Times' columnist Paul Krugman joined a panel of authors at the Center for American Progress to discuss the 21st Century American economy and the challanges faced by everyday Americans with a government dominated by conservatives. [June 6, 2006]

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[semigotbanned]

"I've searched Google"

now maybe try searching BY google (check out nytimes articles from 2005)

[elmazote]

in theory yes. in practice, however

high mobility = high underemployment

employers shrewdly take advantage of the situation: jobs often become temporary or part-time, with significantly less benefits.

while i'm not attempting to fully refute your observation, it surely is not so convenient.

best regards!

[tonytocanova]

@666sigma Except that he is one of the smartest people in the world and you are an idiot...

[jdm43]

Krugman is a schill for the banks. Supports the exact policies that raise prices for the poor, raise healthcare costs, destroy the middle class through inflation in food and fuel costs... and then claims the moral highground.

What a joke.

[jessemaurais]

@ridewave444 You're right, he's a tool. I bet he has sex fantasies about Ayn Rand.

[ridewave444]

Moronic "sigma" below me is a dumbfuck. Maybe a dumbfuck and a loser troll. Durhh He can't separate the way his "eyes" look with what he says and the content of what he says. Learn something about economics and life you little failure. Another idiot idealogue.

[666sigma]

I always knew Krugman was an idiot, but now that I see him talk, I know why. Look at his eyes. He is in la la land. His eyes are looking backwards.

How the fuck did this bozo get a Nobel Prize? I guess the same way Obama got a Nobel Peace Prize.

I don't think he has a clue as to how the real economy works. He is a snake oil salesman.

[freedomthrough]

@biggerturtle That is, defaulting on public debt would be a political choice, if it ever happened. There is nothing to fear. That said, i agree Obama has no idea about macroeconomics. Him along with some 99% of your politicians, neocons and progressives alike. In this case, i'm afraid it's you who are wrong, friend. You really should read some books yourself and preferably some in macroeconomics, along with all the econometric data you can find from these periods.

[freedomthrough]

@biggerturtle Don't get all emotional on me now, there's no need for caps :). No, you truly need to study the workings and duty of a government and central bank. The dollar floats and isn't bound to gold since 1971, so there is no problem, really. Paying back all that debt at once isn't desirable because it would cause a bit too fast inflation. Credit Rating is, in this case, an ideological tool. It doesn't matter in a sovereign nation. A sovereign nation can only voluntarily default.

[biggerturtle]

@freedomthrough ARE YOU KIDDING YOU MUST BE ON DRUGS Obama has NO idea about economics and we CAN"T pay back our debt.Credit rating doesn't matter? Are you an idiot?The only thing Obama will get by snapping his fingers is Trumka to suck his dick. Furthermore I lived through most of the period you reference and your history is, at best , revisionist YOU ARE PLAIN OLD SIMPLISTICALLY WRONG - GROW UP AND READ A BOOK