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Are state budget cuts fueling national financial crisis? Economist calls governors ?50 Herbert Hoovers?.

By Stan

Economist Paul Krugman ? The New York Times –Dec. 30, 2008   Respected economist Paul Krugman suggests that in times of recession, state governments should be spending on education and infrastructure instead of cutting expenditures.   Excerpts from his column:   ?? even as Washington tries to rescue the economy, the nation will be reeling from the actions of 50 Herbert [...]

Full post as published by LawReader on December 30, 2008 (boomark / email).