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PAUL KRUGMAN
One of the characters in the classic 1939 film “Stagecoach” is a banker named Gatewood who lectures his captive audience on the evils of big government, especially bank regulation – “As if we bankers don’t know how to run our own banks!” he exclaims. As the film progresses, we learn that Gatewood is in fact skipping town with a satchel full of embezzled cash.
PAUL KRUGMAN; THE NEW YORK TIMES
Just how stupid does Mitt Romney think we are? If you’ve been following his campaign from the beginning, that’s a question you have probably asked many times.
PAUL KRUGMAN; THE NEW YORK TIMES
The big bad event of last week was, of course, the Supreme Court hearing on health reform. In the course of that hearing it became clear that several of the justices, and possibly a majority, are political creatures pure and simple, willing to embrace any argument, no matter how absurd, that serves the interests of Team Republican.
PAUL KRUGMAN; THE NEW YORK TIMES
In a better world – specifically, a world with a better policy elite – a good jobs report would be cause for unalloyed celebration. In the world we actually inhabit, however, every silver lining comes with a cloud. Friday’s report was, in fact, much better than expected, and has made many people, myself included, more optimistic.
PAUL KRUGMAN; THE NEW YORK TIMES
How goes the state of the union? Well, the state of the economy remains terrible. Three years after President Barack Obama’s inaugu-ration and 21/2 years since the official end of the recession, unemployment remains painfully high.
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