Originally published on Tue January 29, 2013 5:24 pm
Transcript
NEAL CONAN, HOST:
Over the past several years, Democrats and Republicans have disagreed on how address the problems of deficit and debt, but there's broad consensus that we need to reduce both by significant numbers, and soon. In his columns in New York Times and in a book called "End this Depression Now!" Nobel Prize-winning economist Paul Krugman defies the conventional wisdom. He argues for more spending, not less, says the deficit's not too bad, and that a little inflation might be a good thing.
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