Paul Krugman: The One Percent’s Solution: Unable to seriously defend economic policies that fail every time they are implemented Krugman has turned to the tried and true method of obfuscation to deal with his ever diminishing credibility. This time around he is blaming austerity and the one percent. Never mind the fact that hasn’t been any austerity and of those “one per-centers” that came about their money unfairly they did so by partnering up with a corrupt central economic system that Krugman wants to give even more power to. And just like his suggestion that the Internet was going to have an economic impact no greater than the fax machine this is not just wrong, but laughably wrong.
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