A Good Krugman Talking Point

link here to article

Krugman links to an article by a German who is critical of conservative ideology in Germany and who also ridicules the idea that austerity is the solution to our economic problems. He also attacks the thinking behind the use of a common currency in the eurozone.

In his comments on the German article, he takes a point that many have been making and turns it into a couple of ideas that may be memorable. Our deficit has been overwhelmingly been caused by an economic crisis, and eliminating the deficit is now being proposed as the cure for its cause. Instead of using expansionary fiscal policy, our leaders are proposing "expansionary austerity" as the cure for our economic problems.