Krugman: "...if I were a politician, I’d focus on providing real improvements in peoples’ lives, rather than seeking deficit reductions the public won’t even hear about."
Good thinking. I'm glad there's a nobel-prize winning economist that has the guts to defy reality, history, and common sense, and proclaim that there are no real downside to deficits. Courage in the face of overwhelming fact and moral bankruptcy is admirable! ... Or is it despicable... ?
What happens when half the budget goes to paying interest payments alone? I guess those "real improvements in people's lives" really just amounted to a short-term spending-spree that ends in long-term debt, with compounding interest payments. (102,850)
Occupation: Daniel is Medical Resident from the southwest US. Prior to medicine, he worked in IT as a consultant, programmer, web designer/developer, and technician.
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