PLEDGE NOW
Stimulus v. Cuts: Krugman and More

Economist Paul Krugman fires his salvos on the economic debate in Washington now – more stimulus spending or more austerity.

Nobel winner and NYTimes columnist Paul Krugman accepting the Global Economy Prize 2010 of the Kiel Institute in Germany, June 20, 2010. (AP)

The big overriding debate in Washington right now is spending versus austerity. The economy is pausing at a scary point. Does it roll forward? Groan forward? Or roll back? Collapse?

The austerity crowd says rein in spending now to restore “confidence.”   The “open-the-spigots” crowd says spend right now or risk disastrous depression.

The Keynesian spender-in-chief is Nobel Prize-winning economist Paul Krugman. Today, he’s with us.

This Hour, On Point: we hear the latest on the raging debate in Washington, then bring in Paul Krugman, on the fate of the U.S. economy.

Guests:

Mark Zandi, chief economist at Moody’s Analytics. He was also Senator McCain’s economic adviser during his 2008 presidential campaign.

Sudeep Reddy, economics reporter for the Wall Street Journal.

Bill Schneider, longtime CNN senior political analyst and now a senior fellow and resident scholar at “The Third Way,” a progressive think tank. He teaches public policy at George Mason University.

Paul Krugman, Nobel Prize-winning economist and New York Times columnist. He’s author of “The Conscience of a Liberal” and “The Return of Depression Economics.”

More:

On a recent On Point segment, Harvard economic historian Niall Ferguson renewed his on-going debate/feud with Paul Krugman over whether the U.S. needs to cut spending or push more government stimulus into the economy. You can read what Ferguson said on our show about Krugman’s views.

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
RECENT
SHOWS
Jun 9, 2016

Newly-minted college graduates on the job hunt. We’ll look at who’s hiring, starting salaries, and strategies for landing that first job.

 
Jun 9, 2016

Europe, India and China, are taking on American tech giants over privacy, monopolies, and more. We’ll look at the global technology pushback against the U.S.A.

On Point Blog
On Point Blog
Jessica Valenti: ‘Objectification Is About Dehumanizing People’
Wednesday, Jun 8, 2016

“There is some power in laying claim to the word victim.” — Jessica Valenti on the Stanford sexual assault case, and the importance of language.

More »
Comment
 
Why The ‘Roots’ Remake Matters (And What Stays The Same)
Tuesday, Jun 7, 2016

The recent remake of “Roots” on the History Channel makes important changes, Morehouse College’s Stephane Dunn argues. But it also holds true to the original story.

More »
Comment
 
Former Trump Advisor Roger Stone: ‘Trump’s Going To Be The Next President’
Monday, Jun 6, 2016

Longtime political consultant Roger Stone apologizes for his “two martini tweets,” even as he predicts Donald Trump will be the next U.S. president.

More »
Comment