Some years down the pike, we're going to get the real solution, which is going to be a combination of death panels and sales taxes. It's going to be that we're actually going to take Medicare under control, and we're going to have to get some additional revenue, probably from a VAT. But it's not going to happen now.
Paul KrugmanMost work in macroeconomics in the past 30 years has been useless at best and harmful at worst.
Paul Krugman...instead it seems that business - like weight loss - is a subject wherein hope and fear inspire limitless gullibility.
Paul KrugmanThe important thing to understand is that the case for pollution control isn't based on some kind of aesthetic distaste for industrial society. Pollution does real, measurable damage, especially to human health.
Paul KrugmanBut Wall Street people are in fact very smart; they're funny, they're not company men who work their way up the chain.
Paul KrugmanSomething terrible has happened to the soul of the Republican Party. We've gone from bad economic doctrine. We've even gone beyond selfishness and special interests. At this point we're talking about a state of mind that takes positive glee in inflicting further suffering upon the already miserable.
Paul Krugman