The Economic Argument Is Over — And Paul Krugman Won
By Henry Blodget | Daily Ticker – 4 hours ago
(this stood out, let the betting begin! clo)
The discovery of this simple math error eliminated one of the key "facts" upon which the austerity movement was based.
It also, in my opinion, settled the "stimulus vs. austerity" argument once and for all.
The argument is over. Paul Krugman has won. The only question now is whether the folks who have been arguing that we have no choice but to cut government spending while the economy is still weak will be big enough to admit that.
http://finance.yahoo.com/blogs/daily-ticker/economic-argument-over-paul-krugman-won-150247189.html?vp=1
DO SOMETHING!
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