We Get It: Paul Krugman Has Been Right All Along

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Here is Paul Krugman just in the past month:

  • It’s now seven years since I warned….
  • Who could have predicted such a thing? Well, me….
  • Many of us warned from the beginning that the multiplier was probably much larger….
  • Those of us who took our Hicks seriously calling the big stuff — the effects of monetary and fiscal policy — right, and those who went with their gut getting it all wrong….
  • As I’ve been trying to point out….
  • As I’ve written many times….
  • Attacks on Keynesians in general, and on me in particular….
  • Here’s what I wrote three years ago….

And that’s not even counting his print columns, which I didn’t have the patience to plow through. I’m a pretty big fan of Krugman, but even for me this stuff has long since gotten old. Maybe it’s time to go cold turkey on the whole “I was right” meme and just concentrate on the economics.

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TIME IS RUNNING OUT!

We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

The bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. And advertising or profit-driven ownership groups will never make time-intensive, in-depth reporting viable.

That's why donations big and small make up 74 percent of our budget this year. There is no backup to keep us going, no alternate revenue source, no secret benefactor. If readers don’t donate, we won’t be here. It's that simple.

And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

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