On ABC’s “This Week” Sunday, Paul Krugman noted that government spending per capita has gone down to the lowest point since the 1950s, and that as a result the country has actually entered a time of austerity much like what Republicans are calling for. “The bitter irony,” Krugman says, is that in light of the struggling economy, “it may lead to the defeat of this president.”
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=156656