On the Edge

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This is an opinion item.

Author(s) Paul Krugman
Source The New York Times
Date February 5, 2009
URL http://www.nytimes.com/2009/02/06/opinion/06krugman.html
Quote
Quotes-start.png "Japan experienced a “lost decade” of deflation and stagnation in the 1990s — and the only thing that let Japan escape from its trap was a global boom that boosted the nation’s exports. Who will rescue America from a similar trap now that the whole world is slumping at the same time?" Quotes-end.png


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This item argues for the position Act should be passed on the topic American Recovery and Reinvestment Act of 2009.