Friday, October 17, 2008

All Hail Krugman!

If there's anyone I'm going to listen to right now about the state of the economy, and what's the best plan for alleviating the pain, it's Paul Krugman, recipient of this year's Nobel Prize for economics. Here's his op-ed piece in the New York Times.

To summarize, he says the government needs to spend, spend, spend! Among a variety of welfare projects, he advocates public works projects as well. And, most importantly here, he says McCain is bad news for the economy and that Obama needs to follow his instincts and ignore Washington-insiders who warn against spending.

Dear God, please let Obama win.

1 comment:

Anonymous said...

And, it might not hurt to take some advice from this guy:

http://www.nytimes.com/2008/10/17/opinion/17buffett.html?_r=1&em&oref=slogin

I guess now is a good time to put social security into the stock market!