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Paul Krugman 2

“[W]e’re talking as if a billion dollars was a lot of money. In a $15 trillion economy, it’s not… [T]he fact of the matter is, this president hasn’t managed to get very much of what he wanted done. It’s terribly unfair that he’s being judged on the failure of the economy to respond to policies, which have been largely dictated by a hostile Congress.”

Paul Krugman 2

“Friedrich Hayek is not an important figure in the history of macroeconomics.”

Paul Krugman

“The only real things in [Paul Ryan’s budget] were savage cuts in aid to the needy and the uninsured, huge tax cuts for corporations and the rich, and Medicare privatization. All the alleged cost savings were pure fantasy.”

Paul Krugman 2

“You know that Republicans will yell about the evils of partisanship whenever anyone tries to make a connection between the rhetoric of Beck, Limbaugh, etc. and the violence I fear we’re going to see in the months and years ahead. But violent acts are what happen when you create a climate of hate. And it’s long past time for the GOP’s leaders to take a stand against the hate-mongers.”

Paul Krugman 2

“Ghastly as it may seem to say this, the [9/11] terror attack — like the original day of infamy, which brought an end to the Great Depression — could even do some economic good.”