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Paul Krugman: Blame Economy On 'Policy Elite,' Not The Public

Krugman Economic Policy

First Posted: 05/09/11 01:58 PM ET Updated: 07/09/11 06:12 AM ET

New York Times:

The fact is that what we’re experiencing right now is a top-down disaster. The policies that got us into this mess weren’t responses to public demand. They were, with few exceptions, policies championed by small groups of influential people — in many cases, the same people now lecturing the rest of us on the need to get serious.

Read the whole story: New York Times

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Filed by Harry Bradford  |