Saturday, October 15, 2011

Rabbit-Hole Economics

Great column from Paul Krugman:

http://www.nytimes.com/2011/10/14/opinion/rabbit-hole-economics.html?_r=1&ref=opinion&nl=opinion&emc=tyb1


Reading the transcript of Tuesday’s Republican debate on the economy is, for anyone who has actually been following economic events these past few years, like falling down a rabbit hole. Suddenly, you find yourself in a fantasy world where nothing looks or behaves the way it does in real life.

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