Comment 88273

By Kiely (registered) | Posted April 29, 2013 at 15:35:05 in reply to Comment 88249

Debt and deficit are shackles on us all. We can't just keep spending and spending. Do we need to invest in our infrastructure? Yes. Can we simply spend and spend with no concern for our debt and deficit? No way. Krugman is a fool:

To fight this recession the Fed needs…soaring household spending to offset moribund business investment. [So] Alan Greenspan needs to create a housing bubble to replace the Nasdaq bubble. - Paul Krugman

Krugman is an advocate of debt for growth's sake and worry about the consequences later. A bit surprising this forum would support his views. He is a dangerous fool if you listen to him... Krugman, please.

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