Economist Paul Krugman is not worried about the U.S. deficit as much as other people are. If our economy grows fairly strongly in the next 10 years, we have nothing to worry about, says the author of "End This Depression Now!" If it doesn't, Krugman says we can learn from an obscure moment in the economic history of France. "France, after WWI, came out of the war with a high level of debt, and didn't really... couldn't bring itself to make the sacrifices needed to service that debt. So what happ...
Economist Paul Krugman is not worried about the U.S. deficit as much as other people are. If our economy grows fairly strongly in the next 10 years, we have nothing to worry about, says the author of "End This Depression Now!" If it doesn't, Krugman says we can learn from an obscure moment in the economic history of France. "France, after WWI, came out of the war with a high level of debt, and didn't really... couldn't bring itself to make the sacrifices needed to service that debt. So what happ...
Share this Article
Comment on this Article
Recommended
Please to comment