Paul Krugman

Annus Horribilis : 2014 in Review

* Good Riddance to a Bad Year In a speech in late 1992, Queen Elizabeth II used the phrase “annus horribilis” to describe Great Britain’s no-good, very bad year (tabloid-quality marital troubles of Prince Charles and Princess Diana, a fire at Windsor Castle, etc.)....

“Pass This Jobs Bill”

* “I am sending this Congress a plan that you should pass right away. It’s called the American Jobs Act. There should be nothing controversial about this piece of legislation. Everything in here is the kind of proposal that’s been supported by both Democrats and...

What a Deal

Is This What “Winning the Future” Feels Like? “Our enemies could not have designed a better plan to weaken the American economy than this debt-ceiling deal.” —Joe Nocera, “Tea Party’s War on America” (see below) “With all this incessant emphasis on deficit reduction,...

“Shock Doctrine” in Wisconsin

First, a few notes about Wisconsin: •  Speaking with Rachel Maddow, Milwaukee Mayor Tom Barrett observes that when Gov. Scott Walker spoke last week with the “fake David Koch,” he made no mention of a “fiscal crisis” that he claims compels him to strip public workers...

Obama Sends Wall Streeters to “Reform School”

[ Ed. note: The following account of President Obama’s remarks on Wall Street reform yesterday are not, strictly speaking, part of Levees Not War’s usual portfolio (we do have many interests!), but then again it’s not every day that we get to personally attend a...

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