VK-- I read Krugman's column all the time, on a different web site. You keep emphasizing that he is a Nobel prize winner, which he is, however, that prize has become very politicized. Krugman mentions that in the last two years politicians with Reagan idealogy dismantled all financial regulations. the democrats have been in control of congress since January of 2007. The Democrats are the ones who insisted the banks give loans to risky home buyers. He is upset with people being against the "public option." Why, when 85% of the people are happy with their health care we are going to destroy the whole system and start over. The 47 milion of uninsured is an inflated number. A Nevada congresswoman admittted it was more like 10 million.
I just lovit--- My point with Reagan's policy as compared to Obama's is that you don't raise taxes when you are in a recession. Reagan doubled revenue, unfortunately, the Democrat congress spent even more. Seven of his eight proposed budgets called for less spending. They were DOA when they hit congress. As for the rich getting richer if they get it honestly I don't have a problem. The middle class has gained, also, according to the article. People move in and out of financial levels all the time.