There has been plenty to criticize about President Obamaโs handling of the economy. Yet the overriding story of the past few years is not Mr. Obamaโs mistakes but the scorched-earth opposition of Republicans, who have done everything they can to get in his way - and who now, having blocked the presidentโs policies, hope to win the White House by claiming that his policies have failed.
Paul KrugmanMost work in macroeconomics in the past 30 years has been useless at best and harmful at worst.
Paul KrugmanI think so long as fossil fuels are cheap, people will use them and it will postpone a movement towards new technologies.
Paul KrugmanClose the weak banks and impose serious capital requirements on the strong ones...You see, it may sound hard-hearted, but you cannot keep unsound financial institutions operating simply because they provide jobs.
Paul KrugmanThe fact is that the two years or so after 9/11 were a terrible time in America โ a time of political exploitation and intimidation, culminating in the deliberate misleading of the nation into the invasion of Iraq. Itโs probably worth pointing out that Iโm not saying anything now that I wasnโt saying in real time back then, when Bush had a sky-high approval rating and any criticism was denounced as treason. And thereโs nothing Iโve done in my life of which Iโm more proud.
Paul Krugman