August 8, 2011

Credibility, Chutzpah and Debt

Paul Krugman:

"The real question facing America, even in purely fiscal terms, isn’t whether we’ll trim a trillion here or a trillion there from deficits. It is whether the extremists now blocking any kind of responsible policy can be defeated and marginalized."

Krugman's analysis of S&P's downgrade of America's debt is brief, yet illuminating.

November 6, 2012. Mark your calendar.