Tag Archives: United States public debt

It’s the economy, stupid !

Posted on August 12, 2011 by Michaela

By Paul Krugman Has market turmoil left you feeling afraid? Well, it should. Clearly, the economic crisis that began in 2008 is by no means over. But there’s another emotion you should feel: anger. For what we’re seeing now is … Continue reading →

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Credibility, Chutzpah and Debt

Posted on August 8, 2011 by Michaela

By Paul Krugman To understand the furor over the decision by Standard & Poor’s, the rating agency, to downgrade U.S. government debt, you have to hold in your mind two seemingly (but not actually) contradictory ideas. The first is that … Continue reading →

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Excuses

Posted on July 11, 2011 by Michaela

By Paul Krugman If you were shocked by Friday’s job report, if you thought we were doing well and were taken aback by the bad news, you haven’t been paying attention. The fact is, the United States economy has been … Continue reading →

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