Krugman’s Fantasy World

This is what passes for great thinking these days.  In this article in the Guardian, Paul Krugman essentially says “Hey, we’re all broke and deep in debt. What should we do?” He answers by saying (again, I’m paraphrasing) “Print more money and spend it! Give it away! Go ahead, it won’t hurt a thing! Free […]

Will Geithner’s plan work?

There’s a decent article on CNN.com this evening asking about Geithner’s plan, and if it would work.  It raised some some excellent points. What we do know is that the Obama administration is offering extremely favorable terms to the potential investors. The government, as The New York Times reported this morning, would lend private investors […]