PBS NewsHour  Krugman: Hasty Fix to Deficit Would Cause 'Austerity Bomb'

Paul Krugman: Hasty Fiscal Fix to the Deficit Would Cause 'Austerity Bomb' Details

 

Program: PBS NewsHour

Episode: Krugman: Hasty Fix to Deficit Would Cause 'Austerity Bomb'

Though Republicans claim $2.2 trillion would be saved by their plan for long-term deficit reduction, economist Paul Krugman calls it a "vapor plan," with few details on where savings will come from. Gwen Ifill talks to Krugman about why he thinks reducing the deficit too fast could push the economy back into recession.

Duration: (8:40)
Premiere Date: 12/04/2012
Episode Expires: Never
TV Rating: E


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