Uncategorized

Another common sense economics lesson

Prof. Paul Krugman explains some basic facts about how to stimulate an economy today. The column — entitled the “I-Phone stimulus” makes it so clear and simple that even politicians ought to be able to understand it.

The only problem, of course, with Krugman’s prescription is that it’s not based on the only politically viable strategy in the modern American plutocracy, i.e. giving even more money to rich people and large corporations.

 

Check Also

This week’s top stories on NC Policy Watch

1. Powerful new hog trial testimony puts Smithfield ...

Top Stories from NCPW

  • News
  • Commentary

Billy Houston, who is under state investigation for allegedly falsified hog lagoon samples in Duplin [...]

As a former police officer and firefighter, Wesley Sewell has encountered odors so putrid that they [...]

When Sarah Jessenia Lopez plead guilty last month to attempted notary fraud related to bail bonding, [...]

Early voting in North Carolina is a big deal with a big turnout, but advocates are bracing for a neg [...]

“How long before we say enough is enough?” state lawmaker Ted Davis Jr. asked his colleagues in the [...]

Like so many people in this state and across this country, I have not gotten over my funk regarding [...]

The easiest way to push back against NC’s rogue General Assembly is to vote against all six proposed [...]

The post It’s getting deep… appeared first on NC Policy Watch. [...]