Paul Krugman – News Stories About Paul Krugman - Page 7

Fed Needs to Create Jobs, Cuz Obama Can't

PAUL KRUGMAN

Dec 11, 2009 6:09 AM CST

Fed Needs to Create Jobs, Cuz Obama Can't

President's hands are tied by balky GOP, lukewarm liberals

(Newser) - America needs to add a whopping 18 million jobs to its economy over the next five years to get anywhere near full employment, and it's the Federal Reserve that needs to do it, writes Paul Krugman. President Obama's hands are tied by obstructionist Republicans and lukewarm support from his own...

We'll Be on Fiscal Life Support if Health Bill Dies

PAUL KRUGMAN

Dec 4, 2009 2:13 AM CST

We'll Be on Fiscal Life Support if Health Bill Dies

This could be the last chance to rein in Medicare costs

(Newser) - Centrist senators worried about the fiscal burden of the health care bill should be asking themselves what will happen if it doesn't pass, writes Paul Krugman. The legislation almost certainly represents the last chance to rein in Medicare costs, the main cause of projected future deficits, before they cause a...

AIG Bailout Squandered Our Money, Trust

Paul Krugman

Nov 20, 2009 9:55 AM CST

AIG Bailout Squandered Our Money, Trust

Geithner & Co. were afraid to ask Wall Street for concessions

(Newser) - Financial officials, “most notably Timothy Geithner,” deservedly lost the public's trust with their no-strings-attached bailout of AIG, Paul Krugman rails in the New York Times . As a damning report from the TARP inspector general points out, the government made no serious attempt to extract concessions from the banks...

Paranoid GOP
Could Make US
'Ungovernable'

PAUL KRUGMAN

Nov 9, 2009 7:37 AM CST

Paranoid GOP Could Make US 'Ungovernable'

Whack jobs' seizure of Republican Party 'no laughing matter'

(Newser) - The kind of paranoia that made last week's health care reform protesters wave signs showing corpses at Dachau is nothing new in right-wing American politics, but the fact that these people actually wield power is new—and deeply troubling, writes Paul Krugman . "The GOP has been taken over by...

Dems Will Regret Not Being Bolder on Economy

PAUL KRUGMAN

Nov 6, 2009 6:48 AM CST

Dems Will Regret Not Being Bolder on Economy

Voter backlash is about failure to lower unemployment

(Newser) - Paul Krugman doesn't buy the GOP conclusion that voters Tuesday rejected the Obama agenda. The election just showed that American voters are worried about their jobs, he writes, and this time next year, with unemployment still high, Democrats will likely regret not having been bolder on the economy when...

Time to Pick a Side on Health Care Reform

Paul Krugman

Oct 30, 2009 7:58 AM CDT

Time to Pick a Side on Health Care Reform

House bill ain't perfect, but it's the best we're going to get

(Newser) - No more fence-sitting or holding out for a better bill. “It’s the defining moment for health care reform,” declares Paul Krugman. “Everyone has to decide which side they’re on.” By everyone he means not only politicians but people in the media and other influencers....

In Switch,
'Real Economy'
Hits Big Banks

PAUL KRUGMAN

Oct 19, 2009 9:49 AM CDT

In Switch, 'Real Economy' Hits Big Banks

Slumping profits are 'payback' from Main Street whipped by bad practices

(Newser) - Those concerned about the nation’s banks should forget about the “softly, softly policy” of the Obama administration that has allowed Goldman Sachs to go back to business as usual in spectacular fashion. The real problem, Paul Krugman writes, is banks like Citi and Bank of America that are...

Education Cuts Will
Stunt Economy

Paul Krugman

Oct 9, 2009 9:03 AM CDT

Education Cuts Will Stunt Economy

Congress needs to get states cash to keep universities healthy

(Newser) - Education has been the most important component of America's economic success over the past 150 years, writes Paul Krugman—that is public education. But after 30 years of Reaganite opposition to public spending, we've seen a "slow-motion erosion" of America's educational standing, until what we think is the "...

Recession's Over,
Need for More Stimulus Isn't

OPINION

Oct 2, 2009 6:49 AM CDT

Recession's Over, Need for More Stimulus Isn't

Job market needs big improvements now to avoid a troubled future

(Newser) - The recession may technically be over but that's no reason for policymakers to start hanging up "Mission Accomplished" banners, writes Paul Krugman. Getting complacent about the state of the economy will result in a vast amount of human misery, he says, because the job market is still terrible and...

Krugman: Get Ready
for Climate Lies

OPINION

Sep 25, 2009 7:54 AM CDT

Krugman: Get Ready for Climate Lies

Curbing emissions won't actually cost much

(Newser) - If you liked the health care debate, you’re going to love the upcoming battle over climate change, says Paul Krugman. The House has already passed a decent bill, but the Senate battle will bring out “the usual suspects.” Some will keep insisting that global warming isn’t...

Sometimes
a Bad Bill Is Good Enough

opinion

Sep 18, 2009 10:26 AM CDT

Sometimes a Bad Bill Is Good Enough

Reformers must see Baucus' effort as starting point: Krugman

(Newser) - Progressives will soon face their "long-dreaded moment of truth" on health care reform, Paul Krugman writes in the New York Times. Any bill that emerges is bound to disappoint, and "the question is where to draw the line," he explains. "How bad does a bill have...

Krugman: How Economists Blew It

OPINION

Sep 4, 2009 11:42 AM CDT

Krugman: How Economists Blew It

Downturn blindsided big brains who thought markets were perfect

(Newser) - Believe it or not, economists were, until about a year ago, congratulating themselves on a job well done. Now the dismal science is in shock, and Paul Krugman thinks he knows why. Economists, he writes in the New York Times Magazine, “mistook beauty, clad in impressive-looking mathematics, for truth....

Obama and Brooks: Best Buds

OPINION

Aug 31, 2009 5:41 PM CDT

Obama and Brooks: Best Buds

The odd friendship between a conservative columnist and liberal president

(Newser) - Nominal conservative David Brooks is one of President Obama’s unlikeliest allies, writes Gabriel Sherman for the New Republic. The New York Times columnist was on board early, publishing an op-ed titled “Run, Barack, Run” in 2006. Lately, Brooks has written more favorably of Obama than Paul Krugman has....

Obama Love
Affair Over for
Liberal Pundits

analysis

Aug 31, 2009 12:50 PM CDT

Obama Love Affair Over for Liberal Pundits

One-time cheerleaders' support is 'wobbly'

(Newser) - During the campaign, lefty pundits offered Barack Obama some of “the most favorable coverage that any White House contender has drawn in a generation.” Now, those same commentators’ support for the president is looking “wobbly,” writes Howard Kurtz in the Washington Post. “I find myself...

Health Care Debate Makes Me Miss Nixon: Krugman

OPINION

Aug 31, 2009 8:00 AM CDT

Health Care Debate Makes Me Miss Nixon: Krugman

Back in his day, we could get things done

(Newser) - Paul Krugman is a die-hard liberal, but lately, “I find myself missing Richard Nixon,” he writes in the New York Times. He may have been "the worst person other than Dick Cheney ever to control the executive branch," but his health care reform plan was actually...

Don't Fear Debt —Failed Reform Is Scarier

OPINION

Aug 28, 2009 6:19 AM CDT

Don't Fear Debt —Failed Reform Is Scarier

Krugman: We need deficits in a recession; they 'saved the world'

(Newser) - Paul Krugman isn't surprised that the projected $9 trillion deficit over the next decade is being greeted as a sign of economic apocalypse—and that commentators think it proves health care reform should be scuppered. In fact, he writes in the New York Times, it's good to run a deficit...

Krugman Spat With Professor Explodes Online

Aug 24, 2009 7:32 AM CDT

Krugman Spat With Professor Explodes Online

Sniping turns to race when Ferguson calls Obama Felix the Cat

(Newser) - Niall Ferguson picked the wrong Nobel-winning economist to mess with. The Scottish historian, who teaches at Harvard, has been caught up in a high-profile academic feud with New York Times columnist Paul Krugman, who has called him a "poseur" and a "whiner" in recent blog posts. Ferguson hit...

Obama Starting to Look Weak: Krugman

OPINION

Aug 21, 2009 7:55 AM CDT

Obama Starting to Look Weak: Krugman

Progressives losing faith; public option is the latest copout

(Newser) - When Barack Obama threw the public option under the bus, the White House was reportedly "shocked and surprised" by the ensuing liberal fury, writes Paul Krugman in the New York Times. “Well, I’m shocked and surprised at their shock and surprise,” he writes. From Obama's reluctance...

Obamacare
Isn't 'Socialist Hellhole,' It's Switzerland

OPINION

Aug 17, 2009 7:34 AM CDT

Obamacare Isn't 'Socialist Hellhole,' It's Switzerland

Krugman: White House plan not all that radical

(Newser) - Investor's Business Daily made a howler when it said the British physicist Stephen Hawking "wouldn't have a chance" under the UK's health care, but for Paul Krugman, the "vile and stupid" editorial missed the point. Obamacare doesn't look like the British system, in which government runs hospitals...

Reappoint Bernanke: Krugman

Aug 10, 2009 11:21 AM CDT

Reappoint Bernanke: Krugman

(Newser) - If there’s any justice, Ben Bernanke will get another go-around at the helm of the Federal Reserve, Paul Krugman tells Bloomberg. “He’s earned the right to a second term,” the Nobel laureate says. “When the banking system failed to deliver capital where it was needed,...