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Paul Krugman: Argument to vote for Romney borders on blackmail

If President Barack Obama is re-elected, health care coverage will expand dramatically, taxes on the wealthy will go up and Wall Street will face tougher regulation. If Mitt Romney wins instead, health...

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Paul Krugman: Obama should stand his ground, not give in to GOP threats

To say the obvious: Democrats won an amazing victory. Not only did they hold the White House despite a still-troubled economy, in a year when their Senate majority was supposed to be doomed, they...

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Paul Krugman: Raising Medicare, Social Security age is cruel and unneeded

America's political landscape is infested with many zombie ideas – beliefs about policy that have been repeatedly refuted with evidence and analysis but refuse to die. The most prominent zombie is the...

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Paul Krugman: Republicans' denial of facts could lead to America's decline

Earlier this week, GQ magazine published an interview with Sen. Marco Rubio, whom many consider a contender for the 2016 Republican presidential nomination, in which Rubio was asked how old the Earth...

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Paul Krugman: Washington should stop worrying about a phantom fiscal menace

These are difficult times for the deficit scolds who have dominated policy discussion for almost three years. Paul Krugman writes for the New York Times.

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Paul Krugman: GOP won't specify what spending cuts it wants to make

In the ongoing battle of the budget, President Barack Obama has done something very cruel. Declaring that this time he won't negotiate with himself, he has refused to lay out a proposal reflecting what...

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Paul Krugman: Two clues to why workers' share of the pie keeps shrinking

The American economy is still, by most measures, deeply depressed. But corporate profits are at a record high. How is that possible? Paul Krugman writes for the New York Times.

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Paul Krugman: With goals out of reach, GOP lacks specific budget demands

We are not having a debt crisis.

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Paul Krugman: Republicans fold in poker game of budget negotiations

A few years back, there was a boom in poker television – shows in which you got to watch the betting and bluffing of expert card players. Since then, however, viewers seem to have lost interest. But I...

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Paul Krugman: Economic doomsday prophets unruffled by string of bad calls

Back in the 1950s three social psychologists joined a cult that was predicting the imminent end of the world. Their purpose was to observe the cultists' response when the world did not, in fact, end on...

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Paul Krugman: For the economy, question becomes: Is growth over?

The great bulk of the economic commentary you read in the papers is focused on the short run: the effects of the "fiscal cliff" on U.S. recovery, the stresses on the euro, Japan's latest attempt to...

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Paul Krugman: GOP-allied groups brew up confusion over budget deficit

Howard Schultz, the CEO of Starbucks, has a reputation as a good guy, a man who supports worthy causes. And he presumably thought he would add to that reputation when he posted an open letter urging...

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Paul Krugman: In budget battles, GOP retains its power to destroy

The centrist fantasy of a Grand Bargain on the budget never had a chance. Even if some kind of bargain had supposedly been reached, key players would soon have reneged on the deal – probably the next...

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Paul Krugman: Premature turn to austerity was a terrible mistake

SAN DIEGO – It's that time again: the annual meeting of the American Economic Association and affiliates, a sort of medieval fair that serves as a marketplace for bodies (newly minted Ph.D.s in search...

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Paul Krugman: As deficit hysteria fades, Obama can focus on real issues

President Barack Obama's second inaugural address offered a lot for progressives to like. There was the spirited defense of gay rights; there was the equally spirited defense of the role of government,...

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Paul Krugman: GOP tries extortion to kill consumer protection agency

Like many advocates of financial reform, I was a bit disappointed in the bill that finally emerged. Dodd-Frank gave regulators the power to rein in many financial excesses; but it was and is less clear...

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Paul Krugman: Zombie economic ideas have eaten Sen. Rubio's brain

The State of the Union address was not, I'm sorry to say, very interesting. True, the president offered many good ideas. But we already know that almost none of those ideas will make it past a hostile...

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Paul Krugman: Marches of folly, from war with Iraq to deficit politics

Ten years ago, America invaded Iraq; somehow, our political class decided that we should respond to a terrorist attack by making war on a regime that, however vile, had nothing to do with that attack.

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Paul Krugman: We are cheating our children, but it's not because of U.S. debt

So, about that fiscal crisis – the one that would, any day now, turn us into Greece. Greece, I tell you: Never mind.

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Paul Krugman: California offers lessons on how to make comeback

Modern movement conservatism, which transformed the GOP from the moderate party of Dwight Eisenhower into the radical right-wing organization we see today, was largely born in California.

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