Nobel Prize-winning economist Paul Krugman of Princeton University talks about U.S. fiscal policy, Federal Reserve monetary policy and his prescription for economic recovery. Krugman speaks with Trish Regan and Adam Johnson on Bloomberg Television’s “Street Smart.” David Walker, chief executive officer of Comeback America Initiative and a former U.S. comptroller general, also speaks.

Bloomberg, Jan. 28 2013

Category: Economy, Taxes and Policy, Video

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3 Responses to “Krugman on U.S. Fiscal Policy, Economy”

  1. ilsm says:

    Performance metrics!! Very Serious Person David Walker, when Comptroller over the pentagon had no idea how to figure out what anything in the vast war assets accounts was worth. Pentagon is 20 years behind other agencies in Government Performance and Results Act.

    He said the pentagon gets too much!

  2. MakingtheDrop says:

    It sounds like more “we need to spend our way out of it” ideology. Different results come from different action/behavior. Hopefully the rise of the “sharing economy,” domestic energy or some other emerging wave will help forge a new direction rather than something resembling a systemic crash.

  3. hawks5999 says:

    Nobel prize awarded for new trade theory. So clearly, anything he says about US fiscal policy must be completely valid.