Tuesday, May 10, 2011

This Lousy Economy, brought to you by Friedman, Greenspan and Reagan

For those of you standing outside the pay window like hungry people outside a Parisian restaurant, here's Krugman's report card on the geniuses and "visionaries" of the Milton Friedman/Alan Greenspan crowd. He gives them an F. So why are we still doing what they tell us?

Read Krugman.

Do everybody a favor and post this to Facebook. Krugman didn't get a Nobel Prize for nothing. He's the most rational and important voice on economic issues today, and he happens to be right. The problem is the guys who screwed the economy still own the microphones.

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