Yeah, he's a genius...
Cyrano (1000+ posts) Mon Jun-28-10 06:57 AM
Original message Paul Krugman makes it official. We're in a depression.
The above link is to Krugman's column in today's NY Times. He's been right about almost everything for years now, but no one in a position to do anything about it has listened. Now, we are where we are.
His column ends with frightening words: "And who will pay the price ...? The answer is, tens of millions of unemployed workers, many of whom will go jobless for years, and some of whom will never work again."
Yet another thread for the DUmmy Doom&Gloom morons...:D