Paul Krugman on Obama’s Economic Priorities

Paul Krugman on Obama’s Economic Priorities

Paul Krugman on Obama’s Economic Priorities

The Nobel Prize-winning economist recommends what course of action President Obama should take to rescue the middle class.

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New York Times columnist and Nobel prize winner Paul Krugman did an interview with MSNBC this week in which he laid out a three point plan for inoculating the ailing US economy. Krugman said that he could envision unemployment reaching 10%, but that government investment in a stimulus program and in creating security for Americans (job security and security in terms of universal health care) will pay off.

–Marissa Colón-Margolies

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