Mar 6, 2009

Krugman Draws a Picture

From today's Krugman blog on the return of depression economics:

"I was alerted to this Media Matters post, revealing that people still don’t get why the current slump is different from the early 1980s, and why fiscal policy is necessary this time. Yes, I know, it’s Joe Scarborough; but still …"

"Anyway, it’s the zero lower bound, stupid. And here’s the picture to make the point": [See above.]


1 comment:

  1. Wow!! This blog and the topic contained in this blog is awesome. I stayed some hours and got information about media matters post. And especially I need to thanks for street artist for sharing this kind of topic.
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    george
    Drug Intervention

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