Paul Krugman: 'Dr. Evil Types' Obsession With Shrinking The Deficit Does More Harm Than Good

12/17/2012 08:52 am ET | Updated Feb 16, 2013
  • Paul Krugman The New York Times

As you might imagine, I find myself in a lot of discussions about U.S. fiscal policy, and the budget deficit in particular. And there's one thing I can count on in these discussions: At some point someone will announce, in dire tones, that we have a ONE TRILLION DOLLAR deficit.

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