Sunday 28 February 2010

Krugman weekly

The Bankruptcy Boys
by P. Krugman, Spanish version in Economic2b

1 comment:

Ada Peinado said...

Ada Peinado:

In my opinion, it is a difficult and complex problem to consider in order to the society. But the citizens have to have clear ideas about what’s happening in the different political party’s mind, that take place in the elections of their nations. Problems like that one of the America’s public health, is being patently obvious since many time, even so, the deficit has already pounce on them. Clearly, the budgets facing against the next future growth of the old people are unsustainable. So, we will see how both political parties manage and organize to convince the population, whether the tax rise up as if the spending cuts goes down, that the money that the families leave it in their hands will help them in the future when those families get older.

We don’t have to forget that if the beast is starving, surely other countries of the world will suffer the consequences and those facts had never been good for the humanity. And the case is that the steps of the U.S. economy have an effect in many countries of the world, intentionally or not.

¿Will be so a good idea to suffocate the programs that actually dominate federal spending, being so popular? Of course, that is not going to be an easy decision for Obama with the opposition of the Republicans, who try to camouflage their intentions. Also, we have the same situation here in Spain with both politic parties of Zapatero and Rajoy.