Get Ready for QE3 NetRight Daily
"Times columnist Paul Krugman too jumps into the fray for his part.
He wants “W.P.A.-type programs putting the unemployed to work doing useful things like repairing roads… a serious program of mortgage modification, reducing the debts of troubled homeowners… [and] [w]e could try to get inflation back up to the 4 percent rate”.
Basically, the Left wants more of the same — more “stimulus”—which has already failed.
We know that because of the 4.2 percent decline in home values in the first quarter as measured by the S&P/Case Shiller home price index."
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