johnm h Wrote:
Jan 24, 2013 8:12 AM
Hardly surprising as he thinks it would help the economy if Mars invaded and the world had to go to a war time economy. Krugman is deranged or dishonest, or perhaps both. The results, however much the increase in spending and increase in tax rates, went in the opposite direction which once again empirically demonstrates the fallacy of Keynesian economics. It doesn't work because it's a bogus theory which has been demonstrated every time it's tried.