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krugman knows that.nt to ask you, richard fisher, where specifically is krugman going wrong in his analysis? he said five years of 4% inflation would give consumers and businesses to buy ahead of price increases, get the economy moving in ways that it is not now. where specifically is he wrong? >> well that's intellectual argument. you scare people out of holding money in their pocket. they think it will be worth less later. that's the intellectual argument. the pragmatic side of this, you think about the people that actually hire, create jobs, create consumption, create greater wealth in this country. small businesses, and what happens on main street, and main street already is still not quite trusting the fed, in my opinion, that we're going to focus on keeping inflation down. so if they're worried that we, like the fiscal authorities, are not going to keep our word, they're going to pull an even tighter, hire less people, hoard more and not spend the way i think mr. krugman, a wonderful academic on tr
krugman knows that.nt to ask you, richard fisher, where specifically is krugman going wrong in his analysis? he said five years of 4% inflation would give consumers and businesses to buy ahead of price increases, get the economy moving in ways that it is not now. where specifically is he wrong? >> well that's intellectual argument. you scare people out of holding money in their pocket. they think it will be worth less later. that's the intellectual argument. the pragmatic side of this,...
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May 9, 2012
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. >> paul krugman has an article in the "new york times," "earth to ben bernanke." you say that you don't think the u.s. has learned from the great depression. let's listen to a response that the federal reserve chairman didn't have. the fed should seek a higher inflation rate to achieve lower unemployment. >> the view of the committee is that that would be very reckless. we have -- we, the federal reserve have spent 30 years building up credibility for low instable inflation which has proved extremely valuable in that we were able to take strong innovative actions in the last four or fife years to support the economy without leading to an unanchoring of inflation speculation or a destabilization of inflation. to risk that asset which i think would be quite tentative and perhaps doubtful gains on the real side would be, i think, an unwise thing to do. >> last your response, paul krugman? >> okay, so the first thing is among those critics who called for higher inflation in times like these was a guy by the name of ben bernanke who was very critical of the bank of jap
. >> paul krugman has an article in the "new york times," "earth to ben bernanke." you say that you don't think the u.s. has learned from the great depression. let's listen to a response that the federal reserve chairman didn't have. the fed should seek a higher inflation rate to achieve lower unemployment. >> the view of the committee is that that would be very reckless. we have -- we, the federal reserve have spent 30 years building up credibility for low...
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krugman? >> well, the last time we had 500,000 a month job numbers was a president by the name of bill clinton. this recovery is better than the recovery that george w. bush watched over, and since mr. romney wants to recapitulate bush policies, this is terrible. he is completely right that this is not what we wanted to see, but is romney proposing anything that would not make it worse? it is important to take a look not just at the united states, but overseas, because the republican prescription is for big government spending cuts, a and they are claiming that will create lots of jobs. we are getting those in europe. take a look at ireland. take a look at spain where they are getting exactly what the republicans say we should do, and those are catastrophes, right? >> well, the catastrophes, you did not mention the netherlands and the problem in europe rebelled against the slow-growth or no-growth policies and the republicans layer it up saying we will cut the spending and then want it both wa
krugman? >> well, the last time we had 500,000 a month job numbers was a president by the name of bill clinton. this recovery is better than the recovery that george w. bush watched over, and since mr. romney wants to recapitulate bush policies, this is terrible. he is completely right that this is not what we wanted to see, but is romney proposing anything that would not make it worse? it is important to take a look not just at the united states, but overseas, because the republican...
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krugman is the leading voice saying stimulate. i'll ask him to defend his views. >>> all that plus superstitions in the race for space. >>> but, first, here's my take. everyone is worried that greece might default on its national debt. that's really not news. by one estimate and the 180 years since greece gained its independence from the ottomans in 1832, the country has been in default or restructuring for half that period. the news is that this time, germany is willing to bail greece out. throughout the euro zone crisis, it has been conventional wisdom to regard the germans as narrow-minded, ungenerous, and dogmatically wedded to descriptions of austerity to treat europe's problems. these criticisms are vastly overstated. consider that germany is being asked to take its taxpayers' money in a democracy and tuesday to bail out a country like greece, which is guilty of mismanagement, poor competitiveness and financial fraud. and it has said yes. in return for this, germans are being called nazis in greek newspapers. germany is by f
krugman is the leading voice saying stimulate. i'll ask him to defend his views. >>> all that plus superstitions in the race for space. >>> but, first, here's my take. everyone is worried that greece might default on its national debt. that's really not news. by one estimate and the 180 years since greece gained its independence from the ottomans in 1832, the country has been in default or restructuring for half that period. the news is that this time, germany is willing to...
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to the list of paul crewman debate yesterday it was paul versus paul as then ron paul versus paul krugman today it's paul birth there's a mish right mike said locke will make the case that crewman's claims the fed can solve unemployment amount to this. mission impossible as without was will talk about it and it is may day labor day demonstrations protests strikes going on all over the globe for the cause of workers you know workers people who make things produce things but how many people actually fit into that category in the u.s. anymore as protests go on in this country we'll talk about it let's get to today's capital account. all right let's take a look at the headlines today berlin called to stick to euro zone austerity got another one europe in slump rethinks austerity austerity as this is an example has literally been everywhere that we have turned lately so it's being thrown around all over the place what exactly does that mean officially as in the west there is definition well here it is austere qualities severity of manner or life sternness usually austerity of the monastery lif
to the list of paul crewman debate yesterday it was paul versus paul as then ron paul versus paul krugman today it's paul birth there's a mish right mike said locke will make the case that crewman's claims the fed can solve unemployment amount to this. mission impossible as without was will talk about it and it is may day labor day demonstrations protests strikes going on all over the globe for the cause of workers you know workers people who make things produce things but how many people...
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only it isn't what economists like paul krugman ben bernanke e and others fail to recognize in our view is that there's a reason the private sector isn't spending and it has nothing to do with an elaborate psychological feedback loop it's true that negative expectations about the future sure they reinforce a negative trend but at some point that trend does have to reverse a bottom will form and from the point of that bottom the economy will what will what else it would have loved to do it will go the other way it will rebound so what then is preventing the bottom from forming and toured the true four letter word d.e.v. t. debt the reason the economy can't recover and the reason the private sector isn't spending is because it's in the process of leveraging from a debt binge that has gone on arguably for almost four decades in the us and with a bit more variation in europe the problem isn't a lack of demand this is a symptom of the disease is a stock of nominal debt so large that it has created a negative drag on the economy and attempting to carry this debt and not defaulting on it not f
only it isn't what economists like paul krugman ben bernanke e and others fail to recognize in our view is that there's a reason the private sector isn't spending and it has nothing to do with an elaborate psychological feedback loop it's true that negative expectations about the future sure they reinforce a negative trend but at some point that trend does have to reverse a bottom will form and from the point of that bottom the economy will what will what else it would have loved to do it will...
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"the new york times" columnist and nobel peace prize winner paul krugman says that things would be better if the republicans got out of the way. he joins us. >>> and dirty angry money. governor david switser does not like money and politics, and he is hoping to have a prairie fire out west. he will join us here. >>> and plus, why do the gay republicans want to be in a political party that won't defend them? isn't that a fundamental question? if people don't like it, why are you there? we will ask congressman foley. >>> and the secret service agent who covered jackie kennedy, clint hill, who is a great man will join us to tell us what he saw back in november of 1963. and let me finish tonight with overdue praise for the secret service. we begin with today's jobs report. paul krugman is a columnist for the "new york times" and author of the book "end this depression now" and john heilemann is an editor for "new york" magazine. and today, the jobs report was a mixed job report, and added to the payrolls were 115,000 jobs and the rate dropped to 8.1%. which is the lowest rate since president
"the new york times" columnist and nobel peace prize winner paul krugman says that things would be better if the republicans got out of the way. he joins us. >>> and dirty angry money. governor david switser does not like money and politics, and he is hoping to have a prairie fire out west. he will join us here. >>> and plus, why do the gay republicans want to be in a political party that won't defend them? isn't that a fundamental question? if people don't like it,...
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paul krugman, thank you so much for coming. me what motivated you to be writing this stuff every -- twice a week. why did you decided you need to do a book that put it all together? >> partly just to put it all together because you write 800 word columns, write blog posts and there's always somebody that says but what about this, but what about that? >> and look, it is an election year in the united states. there is -- it was pretty clear even when i was writing the book that we were approaching some kind of crisis point in europe where now several years into these wrong-headed policies the failure of the policies is becoming obvious. somebody needs to be out there and say this is why these policies are wrong. this is what we could and should be doing differently. so -- >> what is the -- what do you propose in this book that we do? >> at this point it's stimulus, but essentially not -- we can get a lot of stimulus just by reversing the austerity that we've done. so in the united states what we've actually had, don't believe wha
paul krugman, thank you so much for coming. me what motivated you to be writing this stuff every -- twice a week. why did you decided you need to do a book that put it all together? >> partly just to put it all together because you write 800 word columns, write blog posts and there's always somebody that says but what about this, but what about that? >> and look, it is an election year in the united states. there is -- it was pretty clear even when i was writing the book that we...
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. >> paul krugman on the two different paths for our economy. jpmorgan's loss could be way bigger than expected. senate candidate elizabeth warren has harsh words for the bank, here tonight. in wisconsin, scott walker is doing funny math with the job numbers. >> it is literally a 57,000 plus increase from where my opponents are claiming the numbers were last year. >> reporter: democratic recall challenger, tom barrett is here. >> thanks for watching. in an attempt to inject race into the presidential campaign like never before was exposed today in the "new york times" times in all its pathetic desperate ugly detail, an organized hit detail to achieve the lowest form of character assassination against president obama. it's called the defeat of barack hussein obama, the rickets plan to end his spending for good. we'll get to joe ricketts in just a moment. this was going to be a $10 million advertising blitz funded by his super pac. the plan would bring back jeremiah wright the reverend in a big way. the world is about to see jeremiah wright and un
. >> paul krugman on the two different paths for our economy. jpmorgan's loss could be way bigger than expected. senate candidate elizabeth warren has harsh words for the bank, here tonight. in wisconsin, scott walker is doing funny math with the job numbers. >> it is literally a 57,000 plus increase from where my opponents are claiming the numbers were last year. >> reporter: democratic recall challenger, tom barrett is here. >> thanks for watching. in an attempt to...
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i am pleased to have paul krugman back at this table. welcome. >> hi, there. >> rose: nice to see you twice in one day. >> that's great. that's great. >> rose: let me begin by talking about the global economy and then solutions. what's interesting about this book is you say it's more about going forward and how we can change things than it is about looking at all the policies that created the mess. >> there are a lot of books, good books, about how things went wrong, about the various mistakes that were made, about the bubble and all of that and a lot of postmortems on policy in 2009. okay, the question now what do we do? that's what this book is. >> rose: let's talk about where are we now? look at the global economy in terms of the united states but also start with sort of europe. >> we had a north atlantic crisis. the united states and the europeans had broadly similar crises. we had... spain is florida. nevada is ireland. they turn out to be twins except for the landscape, they turn out to be similar economies. we both had big bubbles
i am pleased to have paul krugman back at this table. welcome. >> hi, there. >> rose: nice to see you twice in one day. >> that's great. that's great. >> rose: let me begin by talking about the global economy and then solutions. what's interesting about this book is you say it's more about going forward and how we can change things than it is about looking at all the policies that created the mess. >> there are a lot of books, good books, about how things went...
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ros paul krugman for the hour. next. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: paul krugman is here. he is a "new york times" columnist in and a professor of economics at princeton. in 2008, he won a nobel prize for ground-breaking analysis on the international trade. he completed three decades ago since the financial crisis he has advocated for aggressive measures to revive the u.s. economy. he says that an expensive government spending policy has to be the best way forward. he wtes about that prcription and more in this book "endhis depression now." i am pleased to have paul krugman back at this table. welcome. >> hi, there. >> rose: nice to see you twice in one day. >> that's great. that's great. >> rose: let me begin by talking about the global economy and then solutions. what's interesting about this book is you say it's more about going forward and how we can change things than it is about looking at all the policies that created the mess. >> there
ros paul krugman for the hour. next. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: paul krugman is here. he is a "new york times" columnist in and a professor of economics at princeton. in 2008, he won a nobel prize for ground-breaking analysis on the international trade. he completed three decades ago since the financial crisis he has advocated for aggressive measures to revive the u.s. economy. he says that an...
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krugman, i have been following him for years. i would like to know what he feels about the tax that was -- taxing everything that, with a small tax that is dividends, you know, stocks, bonds, we used to have a sub transfer tax in new york city city that giuliani put out. a lot of these corporations have no taxation, they pay nothing when they buy and sell stocks and it's an enormous involve volume, cameron of the uk said that he would support the toep and tax idea, that it was universal that people who do business with those who buy stocks would move somewhere where there is no taxation for the benefit of their customers. >> the idea is to have a small tax on transactions that take place in foreign exchange markets, stock markets, whatever, very small, a fraction of a fraction of a cent. which would serve two purposes, it would generate revenue and it would somewhat discourage hot money, people from doing high speed, jumping in and out of stuff which can be destabilizing. i don't think that hot money is the score of what went wro
krugman, i have been following him for years. i would like to know what he feels about the tax that was -- taxing everything that, with a small tax that is dividends, you know, stocks, bonds, we used to have a sub transfer tax in new york city city that giuliani put out. a lot of these corporations have no taxation, they pay nothing when they buy and sell stocks and it's an enormous involve volume, cameron of the uk said that he would support the toep and tax idea, that it was universal that...
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krugman, respond to that. romney? >> yeah, the last time we had a president who presided over 500,000 a month job numbers, it was president by the name of bill clinton. this recovery is actually better than the recovery that george w. bush presided over. and since romney is proposing to recapitulate bush policies, why is he saying he would do better? it's terrible. these completely right that this is not what we want to be seeing. but the question is, is romney proposing anything that wouldn't actually make it worse? i think it's important to actually take a look, just not at the united states but overseas. the republican prescription is for big government spending cuts and they've been claiming that will somehow create lots of jobs. we're getting those in europe. take a look at ireland. take a look at spain where they're getting exactly what the republicans say we should do. and those are catastrophes, right? >> you didn't mention the netherlands, the whole problem in europe rebelling against this slow growth or no-g
krugman, respond to that. romney? >> yeah, the last time we had a president who presided over 500,000 a month job numbers, it was president by the name of bill clinton. this recovery is actually better than the recovery that george w. bush presided over. and since romney is proposing to recapitulate bush policies, why is he saying he would do better? it's terrible. these completely right that this is not what we want to be seeing. but the question is, is romney proposing anything that...
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university, "new york times" columnist and author of the new book "end this depression now," paul krugmanhe has been proven right time and time again, more than any economist i have ever encountered. i don't know if that's more important than the noble prize to you, sir, but for those of us who consume and read, it's always important to see and hear your thoughts and i wish the president had listened to more of them. to that, nobody imposed upon you. what do you make of today's numbers? how bad are they? >> it's not terrible. step back, monthly numbers jump around a bit, and there has been way too much obsessing is it better or if not? the real story is since basically the end of 2009 we have been moving sideways. the economy is not getting worse, but it's not getting better as we create jobs fast enough to keep up with population. that's not good enough. it's a terrible situation out there. >> to put numbers--i'm a geek. i like numbers. we created in the private sector 425 million jobs. the government sector lost a million jobs. we're moving sideways but certainly not up. what would your
university, "new york times" columnist and author of the new book "end this depression now," paul krugmanhe has been proven right time and time again, more than any economist i have ever encountered. i don't know if that's more important than the noble prize to you, sir, but for those of us who consume and read, it's always important to see and hear your thoughts and i wish the president had listened to more of them. to that, nobody imposed upon you. what do you make of...
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more with nobel prize winning economist dr paul krugman right after this for. a client of american power continue. on things that are. might actually be time for a revolution. and it turns out that a procurer drink at starbucks reza surprises him. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else or see some other part of it and realize that everything. is a big issue. here even with. the loan itself you know get the real headline which none of them are the problem with the mainstream media today is that they're completely disconnected from the viewers and from what actually matters so that's why young people just don't watch t.v. anymore if they want news they go online and read it but we're trying to take those stories that people actually care about. and transfer them back in t.v. . back to conversations with great so i'm speaking with. nobel prize winning economist new york times columnist and author of the new book this depression now. dr i'm curious as a young man. what excited you or drew y
more with nobel prize winning economist dr paul krugman right after this for. a client of american power continue. on things that are. might actually be time for a revolution. and it turns out that a procurer drink at starbucks reza surprises him. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else or see some other part of it and realize that everything. is a big issue. here even with. the loan itself you know get the real headline...
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krugman. >> krugman says he is in favor of long-term deficit control. this is not the time to start cutting spending. so, you know, you could theoretically do some legislation now that involved additional spending for jobs with a longer window on when you would do some -- >> i didn't interpret it that way. >> i think people like krugman have to be deficit hawks in good times. >> and he is a deficit hawk in good times. >> you have to reform the tax code as well. >> we have to go. i've said it before and i'll say it again. hopefully the parties will get to this at some point. if we make the tough decisions in the long run, if we do what we have to do to save medicare, to save social security, save medicaid, to cut national defense, reform the tax system, then the markets will allow us to do a short-term stimulus over the next couple of years. >> not only that. the job market will perform better because the companies will behave differently. >>> all right. joe klein and lawrence o'donnell, stay with us. >>> up next, thas the decline o america been greatly
krugman. >> krugman says he is in favor of long-term deficit control. this is not the time to start cutting spending. so, you know, you could theoretically do some legislation now that involved additional spending for jobs with a longer window on when you would do some -- >> i didn't interpret it that way. >> i think people like krugman have to be deficit hawks in good times. >> and he is a deficit hawk in good times. >> you have to reform the tax code as well....
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more paul krugman to come >>the dominoes are starting to fall.vo) former two term governor, jennifer granholm, is politically direct on current tv >> what should women be doing? >> electing women to office. uh, i'm in a timeout because apparently riding the dog like it's a small horse is frowned upon in this establishment! luckily though, ya know, i conceal this bad boy underneath my blanket just so i can get on e-trade. check my investment portfolio, research stocks... wait, why are you taking... oh, i see...solitary. just a man and his thoughts. and a smartphone... with an e-trade app. ♪ nobody knows... ♪ [ male announcer ] e-trade. investing unleashed. >> with less than thrilling job numbers out, mitt romney took the opportunity to say that the president had failed. he tried to paint a picture of the economy under a romney regime. >> we should be seeing numbers in the 500,000 jobs created in a mop. this is way, way off of what should happen in a normal recovery. >> how he would do something that has only happened four times in the last 50 year
more paul krugman to come >>the dominoes are starting to fall.vo) former two term governor, jennifer granholm, is politically direct on current tv >> what should women be doing? >> electing women to office. uh, i'm in a timeout because apparently riding the dog like it's a small horse is frowned upon in this establishment! luckily though, ya know, i conceal this bad boy underneath my blanket just so i can get on e-trade. check my investment portfolio, research stocks... wait,...
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krugman's comment.rmed services committee meets this morning to work on version of the 2013 defense department budget that rejects administration call for military base closing. the spending blue print calls for a base budget. that compares with the administration's proposed figures of $551 billion. you can watch that markup session at 10:00 a.m. it expected to go past 10:00 p.m. eastern. today at the white house, the president host nato secretary fog rasmussen. the two leaders will discuss final preparation for the nato summit. the president will hosting that meeting in chicago may 20 and 21st. u.s. mortgage giant fannie mae said it made money in the first 3 months of the year. it's the first time the company has reported a net income gain since it was taken over by the government during the financial crisis. the company say the improvement was due to slower home price decline and fewer mortgages in serious delinquency. fannie mae received about $116 billion so far in the treasury department. that's th
krugman's comment.rmed services committee meets this morning to work on version of the 2013 defense department budget that rejects administration call for military base closing. the spending blue print calls for a base budget. that compares with the administration's proposed figures of $551 billion. you can watch that markup session at 10:00 a.m. it expected to go past 10:00 p.m. eastern. today at the white house, the president host nato secretary fog rasmussen. the two leaders will discuss...
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with me now is noble prize winning economist paul krugman.york times and author of the new book "end this depression now." mr. krugman, thank you for your time tonight, coming on the show. quite an honor for us. >> good to be on. >> you write in your book, quote, in the great depression, leaders had an excuse. nobody really understood what was happening. or how to fix it. today's leaders don't have that excuse. we have both the knowledge and tools to end this suffering. ending this depression should be, could be, almost incredibly easy. so what's the solution? >> right now, the state and local government rehire school teachers, firefighters, police officers, that they've laid off. we got out of the great depression with a large spending program, otherwise known as world war ii. or the buildup to world war ii. but the point is to have government spend while the private sector is repairing damage from the bubble years. right now it is easy. easiest thing in the world. because we had government cuts totally wrong headed government cuts the past
with me now is noble prize winning economist paul krugman.york times and author of the new book "end this depression now." mr. krugman, thank you for your time tonight, coming on the show. quite an honor for us. >> good to be on. >> you write in your book, quote, in the great depression, leaders had an excuse. nobody really understood what was happening. or how to fix it. today's leaders don't have that excuse. we have both the knowledge and tools to end this suffering....
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paul krugman will join me. i will be taking notes. >> also joining me, the republican legislator that fought the anti-gay legislation this week and told us a lot about himself in the process. he never expected to be telling the world that he is gay but he did. >> and, tonight, another president in favor of ending the war on drugs. he is a former president since this is not the kind of thing presidents like to say when in office. guess which former president? that's coming up. ♪ ♪ lord, you got no reason ♪ you got no right ♪ ♪ i find myself at the wrong place ♪ [ male announcer ] the ram 1500 express. ♪ it says a lot about you. ♪ in a deep, hemi-rumble sort of way. guts. glory. ram. in a deep, hemi-rumble sort of way. what happens when classroom teachers get the training... ...and support they need? schools flourish and students blossom. that's why programs like... ...the mickelson exxonmobil teachers academy... ...and astronaut sally ride's science academy are helping our educators improve student success in ma
paul krugman will join me. i will be taking notes. >> also joining me, the republican legislator that fought the anti-gay legislation this week and told us a lot about himself in the process. he never expected to be telling the world that he is gay but he did. >> and, tonight, another president in favor of ending the war on drugs. he is a former president since this is not the kind of thing presidents like to say when in office. guess which former president? that's coming up. ♪...
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paul krugman will join me. i will be taking notes. >> also joining me, the republican legislator that fought the anti-gay legislation this week and told us a lot about himself in the process. he never expected to be telling the world that he is gay but he did. >> and, tonight, another president in favor of ending the war on drugs. he is a former president since this is not the kind of thing presidents like to say when in office. guess which former president? that's coming up. if you made a list of countries from around the world... ...with the best math scores. ...the united states would be on that list. in 25th place. let's raise academic standards across the nation. let's get back to the head of the class. let's solve this. >>> tonight's edition of veep auditions, bob mcdonald gave it a try and michele bachmann was also on the stage. that's coming up. which former president has come out in favor of legalizing drugs? the answer is in the rewrite. hint, he has a mustache. tdd#: 1-800-345-2550 like a lot of thin
paul krugman will join me. i will be taking notes. >> also joining me, the republican legislator that fought the anti-gay legislation this week and told us a lot about himself in the process. he never expected to be telling the world that he is gay but he did. >> and, tonight, another president in favor of ending the war on drugs. he is a former president since this is not the kind of thing presidents like to say when in office. guess which former president? that's coming up. if you...
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May 22, 2012
05/12
by
CURRENT
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that's paul krugman, nobel prize winner.natomy of a political gasp courtesy of cory booker. everything can cost upwards of...[ whistles ] i did not want to think about that. relax, relax, relax. look at me, look at me. three words, dad -- e-trade financial consultants. so i can just go talk to 'em? just walk right in and talk to 'em. dude those guys are pros. they'll hook you up with a solid plan. they'll -- wa-- wa-- wait a minute. bobby? bobby! what are you doing, man? i'm speed dating! [ male announcer ] get investing advice for your family at e-trade. [ dennis ] switch to allstate. their claim service is so good now it's guaranteed. [ foreman ] so i can trust 'em. unlike randy. dollar for dollar, nobody protects you like allstate. [ kristal ] we're just taking a sample of all our different items in our festival of shrimp. the crab-stuffed shrimp are awesome! tequila lime tacos. [ man ] delicious! [ male announcer ] it's festival of shrimp! for $12.99 try any two shrimp creations like new barbeque glazed shrimp. offer end
that's paul krugman, nobel prize winner.natomy of a political gasp courtesy of cory booker. everything can cost upwards of...[ whistles ] i did not want to think about that. relax, relax, relax. look at me, look at me. three words, dad -- e-trade financial consultants. so i can just go talk to 'em? just walk right in and talk to 'em. dude those guys are pros. they'll hook you up with a solid plan. they'll -- wa-- wa-- wait a minute. bobby? bobby! what are you doing, man? i'm speed dating! [...
143
143
May 2, 2012
05/12
by
MSNBCW
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eye 143
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paul krugman. his book is called "end this depression." >> glad to be on. >> why is income inequality a big gap correlated with economic catastrophe? >> when the economy is bad, the people with the least power who can't protect themselves. the most vulnerable get hurt. that's why the gab widens. the other thing is a polarized political system, a system in which one party has been pulled way off to the right is not able to cope with the difficulties of the economy. we know how to fix. a lot of people have managed to fix. admitting the government is fix a depression is admitting the government can do good things. you might think maybe we have to tax rich people to pay for them. these hard lines, markets our gods, the rich have the answers. >> it does not surprise me there was an exclamation book at the title of your book. you can sense your increasing frustration that it's not that there are people in power who disagree with you on economic arguments, but that economic arguments are now bad arguments
paul krugman. his book is called "end this depression." >> glad to be on. >> why is income inequality a big gap correlated with economic catastrophe? >> when the economy is bad, the people with the least power who can't protect themselves. the most vulnerable get hurt. that's why the gab widens. the other thing is a polarized political system, a system in which one party has been pulled way off to the right is not able to cope with the difficulties of the economy. we...
146
146
May 22, 2012
05/12
by
CURRENT
tv
eye 146
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that's paul krugman, nobel prize winner.next the and everyone likes 50% more cash -- well, except her. no! but, i'm about to change that. ♪ every little baby wants 50% more cash... ♪ phhht! fine, you try. [ strings breaking wood splintering ] ha ha. [ male announcer ] the capital one cash rewards card. the card for people who want 50% more cash. ♪ what's in your wallet? ♪ ♪ what's in your...your... ♪ ♪ >>> on the campaign front it's easy to go from hero to zero. five weeks ago newark mayor pulled a woman from a burning building, and yesterday he put his foot in his mouth. on nbc's "meet the press," booker said the attacks on private equity are making my nauseous. >> i live in a state, if you look at the totality of bain capital's record they have done a lot to support businesses to grow businesses. >> those comments must have made the obama campaign want to throw up a little. two hours later, booker posted this on his youtube page. >> in fact i believe that mitt romney in many ways is not being completely honest with his rol
that's paul krugman, nobel prize winner.next the and everyone likes 50% more cash -- well, except her. no! but, i'm about to change that. ♪ every little baby wants 50% more cash... ♪ phhht! fine, you try. [ strings breaking wood splintering ] ha ha. [ male announcer ] the capital one cash rewards card. the card for people who want 50% more cash. ♪ what's in your wallet? ♪ ♪ what's in your...your... ♪ ♪ >>> on the campaign front it's easy to go from hero to zero. five...
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206
May 4, 2012
05/12
by
MSNBCW
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eye 206
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krugman said. a lot more counter aide to states and localities. >> first it's not just that we have a two party system. there are a fair number of conservative democrats in the senate and house as well that would have been -- that would have quailed in barack obama pushed for a bigger stimulus than he did. i think it's still an open question. given the approval rating when he came into office, 70% or maybe a little above, whether he could have done something bigger. the advisors thought you could not get close tore that trillion number. we all know now that we're advocating that. political calculation was made. it was very hard to pass that bill, even at $800 billion, it just barely passed, and since that there's been no appetite for that kind of expansion policy. republicans are steadfast against it, but there are a lot of testimonies not seeing an immediate payoff are afraid to go that way. i think one of the biggest mistakes barack obama made was to not set expectations really low at the very be
krugman said. a lot more counter aide to states and localities. >> first it's not just that we have a two party system. there are a fair number of conservative democrats in the senate and house as well that would have been -- that would have quailed in barack obama pushed for a bigger stimulus than he did. i think it's still an open question. given the approval rating when he came into office, 70% or maybe a little above, whether he could have done something bigger. the advisors thought...