BUSINESS

Paul Krugman: Spend More To Fix The Economy 'It's Really That Simple'

05/02/2012 04:54 pm ET

The basic issue, says Krugman, is a lack of demand. American consumers and businesses, aren't spending enough, and efforts to get them to open their wallets have gone nowhere. Krugman's solution: The federal government needs to step in and spend. A lot.

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