NY Times
ref.: Easy
Useless Economics
by Paul
Krugman
subject: kudos
to Mr. Krugman
This is the first
article I have read in a long time that states, directly, the simple reasons
why our economy is in the tank, and is likely to stay that way, if the folks
involved keep sitting on their hands. Mr. Krugman is willing to say what no one
else dares to: “So now we’re in another depression, not as bad as the last one,
but bad enough.” He also comes right out and points to the main element that
brought us back from the “Great Depression”- a World War. Moreover, those, for
the “nay-sayers”, involved massive amounts of taxpayer money to kick start our
Economy, albeit a War Economy.
Due to our modern
day depressed Economy, and our collective distaste for another War, the
previous option is not realistically feasible. The one avenue that seems to
make a great deal of sense, right now, is a massive Government investment
towards our National infrastructure. If we are to “throw” money at the problem,
let’s toss it in the right direction, and get our money’s worth. Mr. Krugman,
please keep this train of thought in the public‘s face until government action
is taken.
{word count = 211}
Short Bio: Hutch
Dubosque is a retired
Manufacturing Engineer who currently
writes on Socio-Political issues
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