http://www.nytimes.com/2013/01/07/opinion/krugman-the-big-fail.html?hpw&_r=0
"For an economy is not like a household. A family can decide to spend less and try to earn more. But in the economy as a whole, spending and earning go together: my spending is your income; your spending is my income. If everyone tries to slash spending at the same time, incomes will fall — and unemployment will soar."
No comments:
Post a Comment