Wednesday, November 24, 2004

Krugman: Economic Crisis a Question of When, Not If

Krugman, who may be best known for his opinion column in The New York Times, said he was concerned that Bush's electoral victory over Sen. John Kerry earlier this month would only reinforce the administration's unwillingness to listen to dissenting opinions.
That, in turn, could spell serious trouble for the U.S. economy, which under Bush's first term was plagued by soaring deficits, waning investor confidence and anemic job creation.
"This is a group of people who don't believe that any of the rules really apply," said Krugman. "They are utterly irresponsible."

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