you are viewing a single comment's thread.
Krugman is the one who wants to use economic blackmail to achieve goals democrats lack the votes to achieve through the normal legislative process.
Now the idiot recommends austerity! ...after recommending for years to spend as much as possible.
There is no sign whatsoever that we wouldn't go back to a financial crisis were the deficit to become suddenly much smaller. Housing would resume its fall and banks right behind that.