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The great recession which i probably did. paul krugman says this is a depression. we're used to think of it in terms of things collapsing, the economy falling off a cliff. this shows what happens to the economy in broad strokes terms in the great depression. that hollowed plunge is no place to be and neither is this hallowed out plunge. that's a depression. it's defined by things falling down. you can also find something that goes up around the time of great economic calamity. this one thing starts going up. that one thing is the distance that you have to stretch between the average poor ameri...

Less likely to compromise, less willing or able to get anything done. this chart belongs to the smart people at vote view.com. i thank them. this chart explains why we can't get anything done. income inequality creates its on weather. the gravitational pull of the rich become stronger when the rich are richer. political compromise has become almost impossible. make the reason republicans will not fix the economy and congress can't fix the economy is because they think that fixing the economy would not help the richest people in the country and that's who's interests they feel they must serve. ...

He favored stronger aid to the poor and active policies to fight depressions. he would be considered an inflationary socialist in the debate. >> in terms of what you think we can do to end this depression now, you argue housing. you say housing was one of causes where we ended up but it's the thing that we have to tackle. >> it's one of things. three years ago, where do we spend? how do we stimulate the economy was hard? you had to find the right project. now all you have to do is reverse the terrible things we have been do i think the past three years. we've had massive layoffs of government ...

The new book contain a scary idea right in the title. mr. krugman's new book is called "end this depression now." you can call it a recession or the great recession which i probably did. paul krugman says this is a depression. we're used to think of it in terms of things collapsing, the economy falling off a cliff. this shows what happens to the economy in broad strokes terms in the great depression. that hollowed plunge is no place to be and neither is this hallowed out plunge. that's a depression.

Called "end this depression." >> glad to be on. >> why is income inequality a big gap correlated with economic catastrophe? >> when the economy is bad, the people with the least power who can't protect themselves. the most vulnerable get hurt. that's why the gab widens. the other thing is a polarized political system, a system in which one party has been pulled way off to the right is not able to cope with the difficulties of the economy. we know how to fix. a lot of people have managed to fix. admitting the government is fix a depression is admitting the government can do good things. you mig...