Paul Krugman's Blog, page 612
August 25, 2009
More on density and rail
I think it's fair to guess that at least a quarter of the US population is well-positioned for better rail service.
Yes, the New Yorker
I go through the New Yorker cover to cover as soon as it arrives. But that's just for the cartoons.
Deficits, debt, and the economy
What everyone should be focused on is the sheer awfulness of the economic projections. These numbers cry out for a more aggressive economic policy.
On the reappointment of Ben Bernanke
Generally, I'm pleased. But it does seem to be a reaffirmation of Serious Person Syndrome.
August 24, 2009
Dense about density
Yes, America overall has low density, but many of us live in high-density corridors; very few of us live in the wide open spaces.
Picturing purgatory
Judging from comments I've received, there's still a lot of confusion about how it's possible to be in economic purgatory, aka a jobless recession. So I thought a few pictures might help.
August 23, 2009
How big is $9 trillion?
The debt outlook is bad. But we're not looking at something inconceivable, impossible to deal with; we're looking at debt levels that a number of advanced countries, the US included, have had in the past, and dealt with.
Turns of phrase
The origins of getting worse more slowly.
Charles Grassley, coward
We talk a lot about ideology, we talk a lot about the influence of moneyed interests, and all that is relevant. But we should not ignore the sheer personal cowardice of many politicians.
August 22, 2009
Some call it recovery
The stimulus has helped, and the conventional recession is over. But the economy is not recovering in the most crucial area, job creation, and the stimulus won't be enough to restore prosperity.
