Put This in the Time Capsule
Open it in 24 months, and for sure this will be one prescient forecast from Paul Krugman:I see the following scenario: a weak stimulus plan, perhaps even weaker than what we’re talking about now, is crafted to win those extra GOP votes. The plan limits the rise in unemployment, but things are still pretty bad, with the rate peaking at something like 9 percent and coming down only slowly. And then Mitch McConnell says “See, government spending doesn’t work.”Unfortunately, he's got it right.Let’s hope I’ve got this wrong.