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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPaul Krugman: Mitt Romney will make us Irish
Paul Krugman: Mitt Romney will make us IrishNew York Times columnist Paul Krugman is warning that Mitt Romney will turn America into an economic basketcase like Ireland if he wins the White House.
Ireland is Romney economics in practice. Theyve laid off a large fraction of their public workforce, theyve slashed spending, theyve had extreme austerity programs, Krugman said on The Colbert Report on Monday night, promoting his book, End This Depression Now.
They have 14 percent unemployment, 30 percent youth unemployment, zero economic growth. Ireland is a demonstration - Ireland is Americas future if Romney becomes president, Krugman added.
But the Irish can handle it, Colbert deadpanned. The Irish do very well in bleak, depressing times. Theyve got those jigs and everything that they do.
Read more: http://www.politico.com/news/stories/0612/77578.html#ixzz1yFyuFrlX
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Paul Krugman: Mitt Romney will make us Irish (Original Post)
kpete
Jun 2012
OP
"If we would just rehire all those Teachers,Firefighters and Police officers that have been laid off
DianaForRussFeingold
Jun 2012
#3
Rosa Luxemburg
(28,627 posts)1. USA will do more worse than Ireland under Romney
the USA is too big (jigs might be a problem!)
MisterP
(23,730 posts)2. 7 neoliberal/austerity presidents are okay, but an 8th is JUST GOING TOO FAR!
DianaForRussFeingold
(2,552 posts)3. "If we would just rehire all those Teachers,Firefighters and Police officers that have been laid off
.." Thank You!
"On day one Mitt Romney gives himself and his billionaire donors tax breaks worth millions that will be paid for by borrowing from the Chinese and cuts in healthcare and services for poor, elderly and middle class. No wonder the casino moguls are Mitt's biggest donors."
Reply #5
Jun. 19, 2012 - 12:01 PM EST
I wish they'd listen..!