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Politics

Krugman only looks at things from the bottom up and only - credits government spending for improvement.

Posted: Mar 3rd, 2018 - 6:39 am In Reply to: Pass, I prefer Milton Friedman. Krugman proves the - axiom that the Nobel is a joke

In October when he though Hillary was going to win Krugman said when elected she should ignore the deficit scolds and being a program of national investment financed by deficit spending.

Then about a week after Trump won he starting saying deficits suddenly matter again and that Trump's plans will lead to crowding out of private investment. Krugman was clearly just voicing a political opinion, which has nothing to do with economics at all.

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