Tax cuts were not going to be effective at creating jobs, and the job creation record is lousy.
Paul Krugman...academic credentials are neither a necessary nor a sufficient condition for having your ideas taken seriously. If a famous professor repeatedly says stupid things, then tries to claim he never said them, there's no rule against calling him a mendacious idiot - and no special qualifications required to make that pronouncement other than doing your own homework.Conversely, if someone without formal credentials consistently makes trenchant, insightful observations, he or she has earned the right to be taken seriously, regardless of background.
Paul KrugmanIf you're doing your job right, some substantial group of people [is] going to be mad at you.
Paul Krugman