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

Parkland, one year later: What some South Florida high school shooting survivors want you to know

(Editor’s Note: This piece was first published by ...

Top Stories from NCPW

  • News
  • Commentary

President Trump’s national emergency declaration, long teased, is in effect. Let the lawsuits begin. [...]

The EPA today announced it has issued a Notice of Violation to Chemours for failing to comply, on mu [...]

If you told Cheri Beasley when she was a little girl that she would grow up to become North Carolina [...]

President Trump’s top disaster management official, Brock Long, resigned as head of the Federal Emer [...]

Just about anything can happen in American politics. Those who doubt this oft-demonstrated truism ne [...]

Editor's note: Kim Mackey is a social studies teacher with Wake County Public Schools. She rece [...]

The post Sending his love… appeared first on NC Policy Watch. [...]

Surely, it would be folly to suggest that ICE’s hardened reputation as a home-wrecker was earned by [...]