Swiss Army Studio Apartment

Impressed.

‘Swiss Army studio apartment’ transforms into 6 rooms

The Stimulus Was Too Small

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 Secret of Our Non-Success

the stimulus was both too small and too short-lived, partly because of administration errors but mainly because of scorched-earth Republican 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.

Related articles

• Paul Krugman: The Secret of Our Non-Success
• Romer: The Fiscal Stimulus, Flawed but Valuable
• About The Nobel Prize
• Paul "The $787 Billion Stimulus Was Too Small" Krugman, in 2008: I'm Calling for a Ginormous Stimulus, In the $600 Billion Ballpark
• Republicans' Economic Fantasies
• GOPer Calls Paul Krugman a 'Liar' For Telling The Truth
• Obama Lawlessness: Part II
• Russell Lynch: Where's the confidence fairy? Not in the jobs market...
• Paul Krugman: Triumph of the Wrong?
• Krugman: Press Can't Handle A Candidate Who Lies Like Romney