Description: Front side (obverse) of one of the Nobel Prize medals in Physiology or Medicine awarded in 1950 to researchers at the Mayo Clinic in Rochester, Minnesota. (Photo credit: Wikipedia)
I agree with Paul Krugman, my favorite political columnist. How many political columnists have a Nobel Prize? But I liked him plenty before he won the prize. Actually I was in disbelief he did. Columnists are not supposed to win Nobel Prizes, I remember thinking.
the stimulus was both too small and too short-lived, partly because of administration errors but mainly because of scorched-earthRepublican obstruction
And I argued the stimulus was too small back in 2009. Paul was going on deep knowledge, I was going on instinct.
The faster way to reduce the debt would be for this country to do another stimulus, this time a full trillion. But I don't see it happening. Such common sense would be too much to ask of the political system.
Indra Nooyi - Wikipedia, the free encyclopedia Indra Nooyi - The 2008 TIME 100 - TIME sharp strategic mind, tremendous market insight ....... PepsiCo's international business grew 22% last year, and she is showing the way for American companies trying to do well overseas. (These days, that's everybody.) Indra, 52, was also way ahead of her competitors in moving the company toward healthier products. ....... She welcomes hearing from people who disagree with her, but she is single-minded about following the path she believes is best for her company and its shareholders.