To the extent that sacrifices need to be made, shouldn't the people who've made out like bandits this past generation be first in line? The problem with getting out of the slump is that we need to spend more. It's not that somebody needs to spend less. We have idle workers who have the skills and the willingness to work. We have idle factories. Dealing with this is not about saying somebody needs to suffer. It's saying that we need to be prepared to open the taps.
PAUL KRUGMAN, Playboy, Mar. 2012
I believe in a relatively equal society, supported by institutions that limit extremes of wealth and poverty. I believe in democracy, civil liberties, and the rule of law. That makes me a liberal, and I'm proud of it.
PAUL KRUGMAN, The Conscience of a Liberal
Cronyism and corruption are major factors in Iraq's downward spiral.
PAUL KRUGMAN, "What Went Wrong", New York Times, April 23, 2004
The planet will continue to cook.
PAUL KRUGMAN, Awake!, November 2011
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