Krugman: "We Don't Have A Debt Crisis, And Never Did." Why Did Americans Think So?

"Politics and Economics: The 101 Courses You Wish You Had"

http://paxonbothhouses.blogspot.com/2012/01/politics-and-economics-101-curricula.html

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"Plutocracy Triumphant"

A compendium of cartoons documenting the disappearance of democratic process.
http://paxonbothhouses.blogspot.com/2014/05/plutocracy-triumphant.html

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"We don’t have a debt crisis, and never did. Why did everyone important seem to think otherwise? To be fair, there has been some real good news about the long-run fiscal prospect, mainly from health care. But it’s hard to escape the sense that debt panic was promoted because it served a political purpose — that many people were pushing the notion of a debt crisis as a way to attack Social Security and Medicare. And they did immense damage along the way, diverting the nation’s attention from its real problems — crippling unemployment, deteriorating infrastructure and more — for years on end." Paul Krugman in The New York Times.