Paul Krugman Tells Netroots 2012: US Economy Under Obama Is in Depression (Video)
Can we call it the ‘Obama Depression’ now?
Paul Krugman gave the Saturday morning keynote speech at Netroots 2012 this past weekend… to a mostly empty room.
“We don’t have a formal definition, I’d say that a Depression is when things are down, when things are terrible for an extended period of time,” Krugman said, reminding them that were even “official” periods of recovery during the Great Depression.
“So it is again today,” he said.
And, yet this clown wants more stimulus spending? What a jerk.