Paul Krugman talks about two of the biggest problems faced by economic societies, namely unemployment and income inequality. He feels like at the very least one of these issues should be made the cornerstone of any government. He then goes on to explain how income inequality and unemployment are linked and how trying to resolve one of these issues could help alleviate the other. Krugman also feels that running a deficit to remedy the unemployment issue should be a no issue and is glad President Obama has picked to deal with unemployment while putting the deficit issue on the back burner a little bit.
It was an interesting take on the situation, and if I were to only go of based on the article I would be inclined to agree with Krugman. Why do you guys think?
http://www.nytimes.com/2014/01/24/opinion/krugman-the-populist-imperative.html?ref=paulkrugman&_r=0
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