Monday, January 31, 2005

 

Krugman: Many Unhappy Returns

In his latest column, Paul Krugman exposes the great contradiction in the privatizers' scheme: It relies on the belief that the US economy will be simultaneously Forever Bull AND Forever Bear. Needless to say, this simply isn't possible, no matter how many times the privatizers click the heels of their ruby-red slippers. Oh, and by the way: If the economy were to grow at the Forever Bull rate the privatizers use when they want to talk up stock performances, then Social Security as it currently stands wouldn't need any tweaking whatsoever.


Comments:
Hey thats good for you and for your country unlike our thou.Im from a third world country he have a lot of problems most especially economy. Hope we survive the odds.
 
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