Paul Krugman's Blog, page 610

Hoping for audacity

President Obama will give his big health-care speech tomorrow. Let's hope he does it right.

A few notes on my magazine article

A few notes on my big state-of-economics piece.

The purpose of stimulus

The purpose of stimulus is, first and foremost, to mitigate unemployment.

A strange madness

Let me weigh in a bit on the craziness sweeping America.

My whereabouts

Wet, isn't it?

Horse-race reporting

There's too much reporting that focuses on how policy proposals are supposedly playing, rather than what's actually in them.

Getting stucco

This isn't the first time the Sunshine State has suffered from a big real estate bubble.

Going fishing

Well, cycling actually.

A couple of notes on the 40s and 50s

Didn't rapid population growth make it easier to deal with debt? Didn't the fact that the rest of the world was in ruins help? No.

1945

The fact is that the war left America with a big debt -- bigger, relative to our resources, than we're likely to face when the economic rescue is over. We dealt with it.