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Monday, December 28, 2009

Liberal Paul Krugman Says He's "Really Worried" About Economic Downturn in 2010 - Video 12/27/09

Here is video of liberal economist and New York Times columnist Paul Krugman saying yesterday he is "really worried" about the second half of 2010, where he believes there is a "reasonably high chance" that the economy will contract.

Even Krugman admitted that the so-called recovery the economy is experiencing is being driven by government spending primarily, which is going to end in the second half of 2010. In other words, it's all artificial.

Krugman is probably also worried because he knows that is just at the time of the November 2010 mid-term elections, which won't bode well for Democrats.


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