More News
- Page Two
- News Links
Anarchives
Radio/TV
- Declare Your Independence with Ernest Hancock
Letters To Editor
- List of Letters
- Write a Letter
Join Us
Marketplace
- Buy Stuff - Sell Stuff
- Store on CafePress.com
Special Editions
RSS Feeds
About Us
Log-In

Make a Comment • Email Link • Send Letter to Editor

IPFS News Link • Economy - Economics USA

Now Isn't 1945

09-03-2009 • Wendy McElroy

Upon learning that the Obama administration will add $9 trillion to the existing $11.5 trillion federal debt, Paul Krugman pooh-poohed the problem by saying "...even if we do run these deficits, federal debt as a share of GDP will be substantially less than it was at the end of World War II." The argument being, the U.S. paid it off then, and can do so again.

Read Full Story

Reported By Powell Gammill

Make a Comment • Email Link • Send Letter to Editor