The Coming Depression

The are some troubling indications that the US is heading to some serious financial problems. Unfortunately, there is too much partisanship by economists to understand what we should be doing. Paul Krugman, as would be expected, blames Republicans.

http://libertystreeteconomics.newyorkfed.org/2011/06/commodity-prices-and-the-mistake-of-1937-would-modern-economists-make-the-same-mistake.html

www.nytimes.com/2011/06/03/opinion/03krugman.html?_r=1