Does Anybody Understand Why Clive Crook Thinks Krugman Believes in MMT and Is Lying When He Says He Worries About the Long-Run Deficit?
Clive Crook:
Krugman, DeLong and Radical Centrism - Bloomberg: Krugman proposed raising taxes on all Americans while the recovery was still very weak. He recognized this as a fiscal tightening that would put people out of work. He advocated it because the alternative of retaining the Bush tax cuts would have handed the Republicans a victory, and because -- get this -- he was worried about the long-term deficit implications. There you have it: Krugman the apolitical Keynesian.
I mean, this is damned weird.
