Wealthy individuals bought themselves a radical right party, believing - correctly - that it would cut their taxes and remove regulations, but failed to realize that eventually the craziness would take on a life of its own, and that the monster they created would turn on its creators as well as the little people.
Paul KrugmanAs I've often said, you can shop online and find whatever you're looking for, but bookstores are where you find what you weren't looking for.
Paul KrugmanComing up with a good idea, with an insight into the way the world works that is really new and that you really believe in, is a deeply satisfying experience.
Paul KrugmanIn fact, I'd say that the sources of the economy's expansion from 2003 to 2007 were, in order, the housing bubble, the war, and - very much in third place - tax cuts.
Paul KrugmanSo, very early reports are that Obamacare exchanges are, as expected, having some technical glitches on the first day - maybe even a bit worse than expected, because it appears that volume has been much bigger than predicted. Hereโs what you need to know: this is good, not bad, news for the program... Lots of people logging on and signing up on the very first day... is an early indication that itโs going to be fine, that plenty of people will sign up for the first year of health reform.
Paul Krugman