The trouble with poverty, as an issue, is that it has basically exhausted the patience of the general public.
Paul KrugmanMiddle-class societies don't emerge automatically as an economy matures, they have to be CREATED through political action.
Paul KrugmanAnyone who thinks that the last 80 years, ever since FDR took us off gold, have been a doomed venture, that strikes me as kind of cranky.
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 KrugmanIf you had to explain America's economic success with one word, that word would be "education".... Until now, the results of educational neglect have been gradual - a slow-motion erosion of America's relative position. But things are about to get much worse, as the economic crisis ... deals a severe blow to education across the board.... We need to wake up and realize that one of the keys to our nation's historic success is now a wasting asset. Education made America great; neglect of education can reverse the process.
Paul Krugman