Paul Krugman on the Federasts

The point is that I know technocrats, and these people aren’t — they’re faith healers who are making stuff up to suit their prejudices.

Yup.

2 thoughts on “Paul Krugman on the Federasts”

  1. …..people like Geithner who opposed stronger action were basing their position on gut feelings about confidence, not number-crunching….

    When Krugman bases his comments on number-crunching rather than gut feelings, he is rather good isn’t he

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