August 15, 2003

#114: Who's doing the unraveling, Bush or Krugman?

P. Krugman

Twilight Zone Economics (08/15/03) is Paul Krugman's attempt (one more time) to put his pessimistic spin on the improving U.S. economy. We think he knows he's losing! Note that the critiria is no longer just "more jobs", but "easier to find jobs." All Krugman followers should file this one away for future reference.

The interesting thing to us is that Krugman has a book coming out this Fall entitled "The Great Unraveling." The unraveling referred to is supposed to be the Bush administration's economic policy. However, his publication date should coincide with a U.S. economy growing somewhere between 4% and 6%. Book critics will be asking who's doing the unraveling, Bush or Krugman?

[The Truth Squad is a group of economists who have long marveled at the writings of Paul Krugman. The Squad Reports are synopses of their discussions. ]

Posted by John Weidner at August 15, 2003 9:52 AM
Weblog by John Weidner