economics Uncategorized

Krugman being grouchy in the NYT

Zero job growth, with unemployment still at nosebleed levels. Meanwhile, the interest rate on 10-year US bonds is down to 2.04%, and it’s negative on inflation-protected securities. Aren’t you glad we pivoted from jobs to deficits a year and a half ago? Meanwhile, on the other side of the pond, Is austerity killing Europe’s recovery? […]