So, 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 KrugmanAmerica's political landscape is infested with many zombie ideas - beliefs about policy that have been repeatedly refuted with evidence and analysis but refuse to die. The most prominent zombie is the insistence that low taxes on rich people are the key to prosperity.
Paul KrugmanIt's a funny thing, by the way, how people who love free markets are also quite sure that they know that investors are being irrational.
Paul KrugmanThe great thing about fiscal policy is that it has a direct impact and doesn't require you to bind the hands of future policymakers.
Paul KrugmanNow, itโs true that some of the protesters are oddly dressed or have silly-sounding slogans, which is inevitable given the open character of the events. But so what? I, at least, am a lot more offended by the sight of exquisitely tailored plutocrats, who owe their continued wealth to government guarantees, whining that President Obama has said mean things about them than I am by the sight of ragtag young people denouncing consumerism.
Paul Krugman