Quotessence
Home / Quotes / Quote by Paul Krugman

Quote by Paul Krugman

“[I]f you look at United States history since World War II, you find that of the 10 presidents who preceded Barack Obama, seven left office with a debt ratio lower than when they came in. Who were the three exceptions? Ronald Reagan and the two George Bushes.”

Quote by Paul Krugman

Author

Paul Krugman
Paul Krugman

Paul Krugman is a renowned economist known for his contributions to macroeconomic policy and international trade. He won the Nobel Prize in Economics in 1991 and is considered one of the leading figures in the New Keynesian economics school. more

You May Also Like

“I have no regrets - in fact, I am pleased to have expelled the US ambassador, the Drug Enforcement Administration (DEA) and to have closed the US military base in Bolivia. Now, without a US ambassador, there is less conspiracy, and more political stability and social stability. Without the International Monetary Fund, we are better off economically.”

“In my judgment, the Deists were all successfully answered. The god of nature is certainly as bad as the God of the Old Testament. It is only when we discard the idea of a deity, the idea of cruelty or goodness in nature, that we are able ever to bear with patience the ills of life. I feel that I am neither a favorite nor a victim. Nature neither loves nor hates me.”