18 Kasım 2012 Pazar

Krugman: Hey, the Economy is Booming!

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Wow, just in time! The election is two weeks away and finally -- FINALLY! -- the U.S. economy is doing great. Don't take my word for it, take Paul Krugman's:
The U.S. economy finally seems to be recovering in earnest, with housing on the rebound and job creation outpacing growth in the working-age population. But the news is good, not great — it will still take years to restore full employment — and it has been a very long time coming.
 Of course, the reason we are not absolutely booming is because of "Republican scorched-earth politics," except for the fact that the Democrats had an absolute majority in the Senate and huge majority in the House, and no Republican in sight to do anything but weep. Yet, even with that filibuster-proof majority, the Obama stimulus "was both too small and too short-lived."

Yes, Goldstein blocked everything, despite the fact that even Goldstein was neutered for two years.

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