Wednesday, May 2, 2012

the Krugginator

"Consider, if you will, the current state of our nation.  Despite hints of economic progress, we're still in the midst of an immense disaster, in which unemployment and underemployment are devastating millions of America lives.  And none of this need be happening!  There has been no plague of locusts; we have not lost our technological know-how.  Americans should be richer, not poorer, than they were five years ago.  Yet economic policy across the board has become almost passive, has essentially accepted this disaster instead of trying to end it."

--Paul Krugman, NYT, April 20, 2012

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