Krugman puts paid to the lie about “the lackluster European economy”

Take THIS, GOP liars. Especially on the unemployment issue, Krugman is spot on.

Plus, as he notes, the Federal Reserve is not the sole arbiter of world monetary tendencies because of this. The European Central Bank is also a major player, which is another reason Fed chief Ben Bernanke will have trouble enacting many more rate cuts.

With a more robust economy than ours, the European Union is even more worried about inflation.