Krugman Says War Is Good for an Economy

And he’s all smiles about it too! He also admits that World War II was “negative for social product spending,” but it was still good because it got us out of the Depression. (So I guess Krugman has read Bob Higgs, he just doesn’t hold Bob’s negative opinion. Spoken like a true Bankster puppet.) He also says we need some inflation. Sure, higher prices are just what the poor people who “liberal” Krugman “cares” so much about really need.

[Thanks to Lukus Collins]

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10:08 am on August 15, 2011