Consilience Productions

« First billionaire to die and pay ZERO in estate taxes. | Main | Financial Reform legislation details are decided. »

Spend Now...Save Later...
June 22, 2010 1:12 AM

From Paul Krugman's column yesterday:

Spend now, while the economy remains depressed; save later, once it has recovered. How hard is that to understand?

Pretty simple, you'd think. But alas,

Very hard, if the current state of political debate is any indication. All around the world, politicians seem determined to do the reverse. They're eager to shortchange the economy when it needs help, even as they balk at dealing with long-run budget problems.

But maybe a clear explanation of the issues can change some minds. So let's talk about the long and the short of budget deficits. I'll focus on the U.S. position, but a similar story can be told for other nations.

Read on...

Join the discussion: Comments (0) | TrackBack (0) | Email Link to a Friend
Permalink to post: http://www.cslproductions.org/money/talk/archives/001033.shtml
Receive an email whenever this MONEY blog is updated:   Subscribe Here!
Tags: , , ,

Share | | Subscribe




Add your comment

Name (required)
Email
Website
Remember personal info? Yes   No
Comments

home | music | democracy | earth | money | projects | about | contact

Site design by Matthew Fries | © 2003-14 Consilience Productions. All Rights Reserved.
Consilience Productions, Inc. is a 501(c)(3) non-profit organization. EIN#: 26-3118904.
All contributions are fully tax deductible.

Support the "dialogue BEYOND music!"

Because broad and informed public participation is the bedrock of a free, democratic, and civil society, your generous donation will help increase participation in the process of social change. 100% tax deductible.
Thank you!


SEARCH OUR SITE:

Co-op America Seal of Approval  Global Voices - The world is talking, are you listening?

Consilience Productions
220 36th Street, Unit 76
Brooklyn, NY 11232
(917) 604-8809