Ep. 58 Only Idiots Worry About the National Debt
Krugman can’t believe people who worry about the national debt are taken seriously. There are no serious budgetary or financing problems on the horizon, so if there’s anything to be concerned about at all, that concern is surely misplaced today. Instead, we should be worried about climate change!
Krugman has things exactly backwards, as usual.
“Debt, Diversion, Distraction” (October 22, 2016)
“The Myth of ‘Morning in America’ — How the Public Debt Went from $1 Trillion to $35 Trillion in Four Decades, Part I,” by David Stockman
“Krugman’s Strange View About Planning for the Future,” by David R. Henderson
“Krugman Ignores IPCC on Climate Economics,” by Bob Murphy
Krugman vs. Krugman
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