Paul Krugman Declares Personal Bankruptcy

Paul Krugman Declares Personal Bankruptcy 

Conscience of a Fraud Krugman, a renowned trade economist, joined the New York Times as a columnist in 2000. Since the start of the financial crisis he as used the platform to argue vociferously for what he terms Keynesian deficit spending. In 2005, he wrote a piece in the NYT that spending and debt under GWB was badly hurting our nation. Last year, after doubling our debt and massively increasing spending, he says BHO isnt spending and borrowing enough. _________________ Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity. MLK But how is this legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime. ~Frederic Bastiat, The Law