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View Diary: Government agencies have no one-size-fits-all plan for sequester furloughs (24 comments)

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  •  Great article (1+ / 0-)
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    rodentrancher

    I luv Krugman.  He makes what is seemingly a complex subject (I say seemingly because the "serious people" confuse everyone including themselves) simple.

    As long as the deficit remains below GDP we are fine.  All we are doing is putting capital into the marketplace.  That's a normal thing to do given that currency no longer needs to be backed by a commodity such gold.  There won't be any problem unless we stupidly cripple our economy. And that is exactly what these cuts can do over time especially if they are entitlement cuts.

    "The real wealth of a nation consists of the contributions of its people and nature." -- Rianne Eisler

    by noofsh on Sun Mar 10, 2013 at 05:42:08 AM PDT

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