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View Diary: Krugman: Dwindling Deficit Disorder (135 comments)

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  •  U.S. debt produces Chinese (0+ / 0-)

    jobs not American jobs, and exacerbates wealth disparities, here and globally, unless you buy into wacko trickle down conservative economic theory, that up is down and blah blah. You won't find many credible progressive economists or Democratic politicians who agree with Republican debt building. So I pointed out an issue that Krugman avoided in his article.

    I clearly didn't claim it was an immediate priority, or contradict Krugman's deficit advice, but I do realize raising questions to a Paul Krugman analysis is immediate hay for straw man construction. So carry on.

    •  Not sure I understand (0+ / 0-)

      What do you mean that US debt creates Chinese jobs?  If the government does a $250B stimulus to repair the 70,000 decrepit bridges, how does that translate into Chinese jobs?

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