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By Stanley Kutler
$24.06
By Alec Wilkinson
$15.61
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In his latest column for The New York Times, the Nobel Prize-winning economists notes that before President Obama took office in 2009, seven of the 10 previous presidents left the Oval Office with debt ratios lower than when they entered it. The three who did not: Ronald Reagan, George H.W. Bush and George W. Bush.
Posted on May 6, 2013
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AP/Francisco Seco
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As lawmakers on both sides of the aisle spend copious amounts of time on their seemingly futile quest to reach an agreement about how to deal with the nation’s burgeoning debt, there’s an even bigger economic problem in the U.S.: unemployment.
Posted on Apr 22, 2013
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Economists from the University of Massachusetts appear to have debunked a Harvard paper that right-wing politicians have used to push economic austerity policies. The challengers explain where the Harvard economists went wrong in an interview with The Real News Network.
Posted on Apr 19, 2013
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renaissancechambara (CC BY 2.0)
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Journalist Mike Whitney praised the Truthdig editor in chief for being “the only voice on the left” to defend former Reagan budget director David Stockman against an “army of toffeenose pundits” who failed to honor the essential truth of Stockman’s controversial New York Times op-ed.
Posted on Apr 11, 2013
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A look at the day’s political happenings, including speculation heightens about Hillary Clinton’s 2016 prospects and new figures show just how well Dick Cheney’s former company made out during the Iraq War.
Posted on Apr 7, 2013
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AP/Francisco Seco |
The New York Times columnist argues that the political elites and pundits who perpetuated the Bush administration’s disinformation and calls for war seem to have learned nothing from that experience. Case in point: the deficit obsession.
Posted on Mar 18, 2013
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Screenshot via Media Matters
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A Breitbart.com editor fell hook, line and sinker for a satirical story that claimed economist Krugman had filed for personal bankruptcy after accumulating more than $7 million in debt. The New York Times columnist took to his blog to respond to the hoax Monday.
Posted on Mar 11, 2013
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Memo to congressional Republicans: You might want to stray from GOP talking points and stick to the facts when facing off against a Nobel Prize-winning economist unless you want to be called out for falsehoods.
Posted on Mar 10, 2013
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A look at the day’s political happenings, including a major development in the confirmation hearing of John Brennan and Jeb Bush flip-flops on immigration reform once more.
Posted on Mar 5, 2013
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Nobel Prize-winning economist Paul Krugman and MSNBC host Joe Scarborough are taking their feud over the country’s massive debt and lackluster economy to television.
Posted on Mar 4, 2013
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Flickr/401(K) 2013
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By Juan Cole — The “sequester” is actually, of course, the American form of austerity, or cutbacks in government spending during a recession. Austerity, or stingy government in Europe has kept employment extremely depressed compared to what it would have been with government stimulus, as Paul Krugman argues.
Posted on Mar 4, 2013
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A look at the day’s political happenings, including John Roberts being called out for a big error in the Voting Rights Act case and former NBA star Dennis Rodman defends his “good friend” Kim Jong Un.
Posted on Mar 3, 2013
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A look at the day’s political happenings, including a congresswoman’s attempt to criminalize public female nipple exposure and “Saturday Night Live” pokes fun at Marco Rubio’s State of the Union response.
Posted on Feb 17, 2013
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A look at the day’s political happenings, including a Republican flip-flop on immigration reform and Chris Christie pokes fun at himself on “The Late Show with David Letterman.”
Posted on Feb 5, 2013
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A look at the day’s political happenings, including Paul Krugman calls out “insane” NRA and Rick Perry weighs in on the news that the Boy Scouts may be ending its policy of banning gay members.
Posted on Feb 3, 2013
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The New York Times columnist has consistently been a strong voice in the argument against making dramatic spending cuts in tough economic times. On Monday, Krugman was once again forced to defend his position during a discussion about the current financial crisis on MSNBC’s “Morning Joe.”
Posted on Jan 28, 2013
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ms.akr (CC BY 2.0)
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“For many in my generation, the ideological underpinnings of capitalism have been undermined,” writes Jacobin editor Bhaskar Sunkara at The Guardian. “That a higher percentage of Americans between the ages of 18 and 30 have a more favorable opinion of socialism than capitalism … signals that the cold war era conflation of socialism with Stalinism no longer holds sway.”
Posted on Jan 25, 2013
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DonkeyHotey (CC BY 2.0)
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By Ellen Brown, Web of Debt —
The trillion dollar coin represents one of the most important principles of popular prosperity ever conceived: the creation of money by sovereign governments, debt-free.
Posted on Jan 18, 2013
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New York Times columnist and Nobel Prize-winning economist Paul Krugman drew on 20th century U.S. history to explain to Bill Moyers how a Washington that was willing to spend could end the present American depression.
Posted on Jan 15, 2013
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“If someone’s ruining their brand with the trillion dollar coin idea, I don’t think it’s the non-economist,” Stewart said, adding that the deficit solution was still a “stupid fucking idea.”
Posted on Jan 15, 2013
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A look at the day’s political happenings, including the Treasury Department’s decision about minting a trillion dollar coin and another George Bush mulls a bid for public office.
Posted on Jan 13, 2013
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AP/Francisco Seco
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The Nobel Prize-winning economist and public advocate is at the top of every liberal’s wish list for President Obama’s second-term Cabinet appointments.
Posted on Jan 5, 2013
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A look at the day’s political happenings, including the House vote on the fiscal cliff deal Tuesday night and President Obama marks the 150th anniversary of one of the most famous presidential proclamations. (UPDATED)
Posted on Jan 1, 2013
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A look at the day’s political happenings, including Newt Gingrich’s 2016 presidential election prediction and the big political decision Cory Booker is weighing.
Posted on Dec 9, 2012
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r-z (CC BY 2.0)
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No, says the Nobel Prize-winning economist, who must be hoarse from repeating the same thing for the last four years: The United States is facing a jobs crisis, one that costs the savings, homes and dreams of millions of Americans and about $900 billion a year in lost productivity.
Posted on Dec 7, 2012
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Flickr/Gage Skidmore
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The Nobel Prize-winning economist puts specifics offered by Senate Minority Leader Mitch McConnell through some harsh analysis.
Posted on Dec 2, 2012
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danielle_blue
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Brian Beutler at Talking Points Memo seems to have coined the term last spring. Paul Krugman thinks it’s a better way to talk about the coming budget crisis, as it asserts that too little spending—rather than too much—is the the cause of the danger.
Posted on Nov 14, 2012
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A look at the day’s political happenings, including a CEO who claims he fired employees because of Obama’s victory, and Ted Nugent, who has a meltdown over the election on Twitter.
Posted on Nov 9, 2012
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A look at the day’s political happenings, including new allegations about the Libya attacks and details on efforts to keep voters away from the polls on Election Day.
Posted on Oct 24, 2012
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Flickr/ DonkeyHotey
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In his latest Op-Ed, the New York Times columnist rips the Republican presidential ticket for a health care plan that would deny potentially millions of Americans coverage in order to save money—all while proposing a trillion-dollar tax cut that would help the wealthiest Americans.
Posted on Oct 15, 2012
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Flickr/ Mr. Lobo
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The New York Times columnist takes on the conspiracy theorists—former General Electric Chairman Jack Welch (pictured) among them—who cried foul after the jobs report released Friday by the Bureau of Labor Statistics showed that the unemployment rate dropped below 8 percent for the first time in nearly four years.
Posted on Oct 8, 2012
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Gage Skidmore (CC-BY-SA)
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Mitt Romney’s remark reveals a truth about himself but also about the entire Republican Party: The GOP is just not worker friendly. Instead, the party lauds “job creators,” whom New York Times columnist Paul Krugman describes as the “employers” and “investors.”
Posted on Sep 21, 2012
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By davelawrence8
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In his latest takedown of Mitt Romney, the New York Times columnist criticizes the Republican presidential nominee for his stance on the Fed’s latest effort to jump-start the economy.
Posted on Sep 17, 2012
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Flickr/Talk Radio News Service
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The New York Times columnist takes aim at Republicans for blocking legislation from President Obama that might have helped with the jobs recovery and then blaming his policies after the latest round of disappointing employment figures.
Posted on Sep 10, 2012
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Flickr/Talk Radio News
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According to Paul Krugman, GOP vice presidential nominee Paul Ryan is a lot like Rosie Ruiz, the first woman to cross the finish line in the 1980 Boston Marathon. Ruiz was subsequently stripped of that victory when it turned out she hadn’t actually run most of the race.
Posted on Sep 3, 2012
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A look at the day’s political happenings, including first day highlights of the Republican National Convention and Mark Sanford makes wedding plans.
Posted on Aug 27, 2012
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A look at the day’s political happenings, including what Mitt Romney may be hiding in his tax returns and Fox News’ coverage of a controversial “legitimate rape” comment by Rep. Todd Akin, shown above.
Posted on Aug 20, 2012
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Flickr/Tony Alter
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Paul Krugman, the Nobel Prize-winning New York Times Op-Ed columnist, explains why he believes we should not take Paul Ryan’s budget proposal seriously.
Posted on Aug 13, 2012
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(CC-BY-SA)
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The past week demonstrates how Campaign 2012 has devolved into a series of calculated personal attacks devoid of the substantive issues and policies that should be dominating the national political conversation.
Posted on Jul 16, 2012
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(CC-BY-SA)
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“Like father, like son” the old saying goes. But according to New York Times columnist Paul Krugman’s latest Op-Ed, Mitt Romney is nothing like George Romney, as far as wealth and the disclosure of it are concerned. And that is not a good thing.
Posted on Jul 9, 2012
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Photo by WEF/Remy Steinegger (CC-BY-SA)
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By William Pfaff — The latest, and 20th, European “summit” meeting, held last week in Brussels, was symbolically a defeat for Germany’s Angela Merkel, who agreed that Europe’s permanent bailout fund could directly recapitalize certain troubled eurozone banks.
Posted on Jul 3, 2012
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Photo by Gage Skidmore
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A look at the day’s political happenings, including whether or not Marco Rubio is being vetted for vice president, why Paul Krugman thinks the U.S. will be in trouble if Romney is elected and some interesting revelations about John Edwards from his ex-mistress.
Posted on Jun 19, 2012
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Photo by Talk Radio News Service
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A look at the day’s political happenings, including Gabrielle Giffords on the campaign trail, the latest on Obama’s private sector “gaffe” and why some influential Republicans think the answer to America’s education woes is fewer teachers.
Posted on Jun 11, 2012
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W.W. Norton & Company, Inc.
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By Paul Krugman —
In March 2009 Ben Bernanke, normally neither the most cheerful nor the most poetic of men, waxed optimistic about the economic prospect. After the fall of Lehman Brothers six months earlier, America had entered a terrifying economic nosedive. But appearing on the TV show “60 Minutes,” the Fed chairman declared that spring was at hand.
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nosha (CC BY-SA 2.0)
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By Noam Chomsky, TomDispatch —
After the first few years of the Great Depression there was a sense that “we’re gonna get out of it.” It’s quite different now. For many people in the United States, there’s a pervasive sense of hopelessness, sometimes despair. I think it’s quite new in American history. And it has an objective basis.
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Photo by Center for American Progress (CC-BY-ND)
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The New York Times columnist is paid for his opinions, but he says, “like many liberal American Jews ... I basically avoid thinking about where Israel is going.” And where it’s going, writes Krugman, is “national suicide.”
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White House / Pete Souza
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In case Paul Krugman’s comparison between the GOP’s prized budget plan and pink slime wasn’t a strong enough indication of its reception among the opposition, here comes President Obama with a descriptive attack of his own.
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The Rachel Maddow Show (CC-BY)
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Playboy magazine sent economics writer Jonathan Tasini to speak to Nobel Prize-winning economist Paul Krugman about the economic crisis and the possibilities for the future. What resulted was a neat picture of Krugman’s views on the state of the U.S. economy, the plight of common Americans and the failure of the political class to do anything about it.
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counsellor (CC-BY)
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Is anyone in the Obama administration listening to Paul Krugman? Maybe, says the Nobel Prize-winning economist, but only at the end of a year in which political insistence on the need to reduce short-term deficits with spending cuts slid the economy and much of the American public further into ruin.
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Illustration from a photo by Andrew Kuchling (CC-BY)
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The Pulitzer Prize-winning PolitiFact.com is supposed to be a neutral referee in the mendacious political arena, but a decision to side with Republicans on 2011’s “Lie of the Year” has Paul Krugman pronouncing the fact-checking organization dead. (more)
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