(Community Matters) “An anti-Keynesian, budget-balancing immediacy imparts a constrictive noose around whatever demand remains alive and kicking,” he wrote. “Washington hassles over debt ceilings instead of job creation in the mistaken belief that a balanced budget will produce a balanced economy. It will not.” NYTimes
and, Let’s hope Warren Buffett doesn’t have to resign as “the Oracle” in favor of Paul Krugman (nope, not wrong posting. Meant to link to Stewart)