Krugman: Deficit Hawks Trying To Scare People With Big, Out-Of-Context Numbers
On ABC's This Week, host George Stephanopoulos asked Paul Krugman, the Nobel Prize-winning economist and New York Times columnist, about the argument ...
On ABC's This Week, host George Stephanopoulos asked Paul Krugman, the Nobel Prize-winning economist and New York Times columnist, about the argument ...
Rep. Jason Chaffetz | Posted 12.01.2009 | Politics
Contrary to what some have told us in the past, deficits and debts do matter, and at the levels these debts have been accumulating, they matter a lot.
AP | MARTIN CRUTSINGER | Posted 11.11.2009 | Business
WASHINGTON — The federal deficit surged higher into record territory in August, hitting $1.38 trillion with one month left in the budget year. ...
Sarah van Gelder | Posted 01.09.2009 | Business
In spite of the $150 billion-plus of U.S. taxpayers' money, they are still not lending money; credit markets are stalled. Maybe they understand better than anyone just how untrustworthy they are.
Ben Cohen | Posted 12.21.2008 | Politics
If you thought the $700 billion bailout was bad, think again. The Federal Reserve is apparently handing out two trillion dollars in loans and it won't disclose where the money is going to.
Alan Fein | Posted 11.13.2008 | Business
In bad times like these, the government has to spend money to build things that we desperately need: roads, bridges, schools, courthouses, sanitation systems and a new energy infrastructure.
John Tepper Marlin | Posted 11.09.2008 | Business
Mr. Bernanke doesn't say it, but the current crisis in the subprime mortgage market may be a perfect illustration of the financial accelerator at work today.
Aaron Harber | Posted 10.26.2008 | Business
Congress and the current Administration have allowed the nation's finances to deteriorate to a dangerous level.
Scott Bittle and Jean Johnson | Posted 10.10.2008 | Business
Rather than facing a $200 billion deficit to do something really important, the U.S. is now heading toward a whopping $10 trillion dollar debt.
Hale "Bonddad" Stewart | Posted 08.01.2008 | Business
Anyone who is reporting the government's books are balanced has no idea what they are talking about -- and there are important reasons why this raising of the debt ceiling is so incredibly dangerous.
Posted 11.30.2009 | Business