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.
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
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http://trueconservative.typepad.com/trueconservative/2007/12/government-ba-2.html
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