October 8, 2015

We Get It: Paul Krugman Has Been Right All Along

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Here is Paul Krugman just in the past month:

  • It’s now seven years since I warned….
  • Who could have predicted such a thing? Well, me….
  • Many of us warned from the beginning that the multiplier was probably much larger….
  • Those of us who took our Hicks seriously calling the big stuff — the effects of monetary and fiscal policy — right, and those who went with their gut getting it all wrong….
  • As I’ve been trying to point out….
  • As I’ve written many times….
  • Attacks on Keynesians in general, and on me in particular….
  • Here’s what I wrote three years ago….

And that’s not even counting his print columns, which I didn’t have the patience to plow through. I’m a pretty big fan of Krugman, but even for me this stuff has long since gotten old. Maybe it’s time to go cold turkey on the whole “I was right” meme and just concentrate on the economics.

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DECEMBER IS MAKE OR BREAK

A full one-third of our annual fundraising comes in this month alone. That’s risky, because a strong December means our newsroom is on the beat and reporting at full strength—but a weak one means budget cuts and hard choices ahead.

With only days left until December 31, we've raised about half of our $400,000 goal—but we need a huge surge in reader support to close the remaining gap. Whether you've given before or this is your first time, your contribution right now matters.

Managing an independent, nonprofit newsroom is staggeringly hard. There’s no cushion in our budget—no backup revenue, no corporate safety net. We can’t afford to fall short, and we can’t rely on corporations or deep-pocketed interests to fund the fierce, investigative journalism Mother Jones exists to do. That’s why we need you right now. Please chip in to help close the gap.

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