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Tuesday, July 14, 2009
The Relentless Optimism of Paul Krugman
It is a good idea not to watch this clip if you are borderline suicidal, for Krugman's pessimism was on full display on last night's Colbert Report: "Things are getting bad less quickly." He believes that the Obama Administration and the Congress have done enough to stave off a second Great Depression but not enough to turn the economy around (and we all know whose fault that is: the GOP's, specifically the three GOP senators who made gutting the stimulus bill their price for supporting it).
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