27 Nov 2009

Hamilton vs. Krugman

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It’s Econbrowser in a cage match with Conscience of a Liberal. I don’t have the energy to referee this one. The topic is whether we should be worried about the government’s fiscal situation. Noteworthy is that Hamilton alludes to Krugman’s 2003 worries about the deficit, and Krugman responds.*

* And no, the response wasn’t, “I was a partisan hack back then, my bad.” It’s more like, “A 40% debt under Bush is scarier than an 80% debt under Obama, because Bush is stupid and evil.” You think I’m kidding, don’t you?

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