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View Diary: Krugman: Dwindling Deficit Disorder (135 comments)

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  •  The Krug is Gaining Ground (3+ / 0-)

    It's possible, even likely, that this will reach a tipping point and the austerians will start folding their tents and slinking away.

    The reason will be the relentless Paul Krugman. He keeps after them, repeating plain and obvious facts.

    I would not know what I know about the economy had I not been reading his column and books, and there are millions of others in the same boat. It's a growing number, and the other side is weakening.

    Pundits who never heard of the Keynesian model are now writing about it, and doing so with some intelligence. That's how grand changes in thinking start.

    We've just got to make it happen sooner.

    A Southerner in Yankeeland

    •  Hope you're right. (1+ / 0-)
      Recommended by:
      elwior

      He's been telling truth compellingly for years. The Right and Middle seem to have no trouble ignoring him. The Left hasn't figure out how to make his points -- i.e., reality -- matter in the national conversation enough to influence mass attitudes or government policy.

      One of the major differences between Democrats and Republicans is that the former have the moral imagination to see the moral dimension of financial affairs, while the latter do not. Some pragmatists are exceptions.

      by Words In Action on Mon Mar 11, 2013 at 12:28:27 PM PDT

      [ Parent ]

      •  Even the Versy Serious People (2+ / 0-)
        Recommended by:
        elwior, Words In Action

        Brad Delong, Dean Baker, Larry Summers, IMF economists, Ezra Klein...and now the Huffingtonpost features his statements on an almost daily basis.

        That just touches the most well known, and I think it's fair to say that most of them (the first two being the obvious exceptions) wouldn't be writing realistically, or at all, about the deficit and Keynesian theory if it wasn't for Krugman.

        He not only put the topic into the public arena, he's made it a serious issue. (You can tell it has become a serious issue when the very unserious VSP Joe Scarborough thinks the topic will build ratings.)

        A Southerner in Yankeeland

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