Paul Krugman has been promoting his book "End This Depression Now," which means he has been on a myriad of radio shows. I've listened to at least ten interviews that are available as Podcasts on ITunes - The Commonwealth Club, London School of Economics, Brian Lehrer Show, FORATV, The Business in Ireland, HARDTALK in England, Real Time with Bill Maher, and Free Library. He's been badgered and bullied and yet he presses on. While I don't stand in his shoes, after listening to hours of interviews I have some sense of what he is going through and the patience he has exhibited. He's a hero to push back against The Stupidity. Austerity in the middle of a liquidity trap will make the economy worse. It isn't debatable and is akin to the arguments about evolution and climate change.
We need to give him some help. He can't do it alone. So, for the next week make it a point to tell at least one person each day that the three things to improve the jobs picture include fiscal stimulus via aid to States, allow inflation to increase 2% points, and mandate that Freddie and Fannie allow refinancing of mortgages where the homeowners are current in their payments but have no equity.
Krugman is on the road taking the heat for us and it seems to me we should step up for him. No man can take on The Stupidty alone and he needs our help. (If you don't understand the economics, listen to his Commonwealth Club speech.)