Posts Tagged ‘Lehman Brothers’
Posted in corruption, Economics, Economics, recession, Mitt Romney, Politics, tagged Barack Obama, Eurozone, Federal Reserve, Greece, Italy, Lehman Brothers, Paul Krugman, private sector, public sector, Spain on Jam6000000amMon, 11 Jun 2012 10:36:25 +000012 10, 2010 | Leave a Comment »
New York Times columnist Paul Krugman criticized President Barack Obama Monday morning for his much discussed “Private sector is doing fine” quote.
“That was an unfortunate line,” Krugman said. “The president bungled the line. The truth is, the private sector is doing better than the public sector, which is not well enough.”
The Nobel prized-winning economist explained how the president was technically correct in comparing the private sector numbers to its anemic public sector counterpart, but further added how Obama was clumsy with his words.
Click the link below for Krugman’s analysis of the coming election, as well as possible Eurozone collapse.