Saturday, August 29, 2009

KrugSlut, Economista

Noticed by Planet Moron's the biggest budget deficit in the history of the world - but it's a budget deficit that as a share of GDP is right up there.”

“It's comparable to the worst we've ever seen in this country.”

So, we have a deficit, which is—which our political system is now unwilling to be realistic, unwilling to contemplate doing what has to be done to bring it down significantly.

--Krugslut, 2004

"As I said, deficits saved the world.”

“In fact, we would be better off if governments were willing to run even larger deficits over the next year or two.”

--Krugslut, 2009

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