It’s nice that Krugman was there when George Will started spewing the standard talking point of the Republicans about the Great Depression, that Roosevelt made it worse because investors went on strike.
The reality is, that the economy clawed its way back because of the New Deal, and when Roosevelt eased up on the fiscal gas in 1937, everything went down again.
In 30 seconds, he showed Will that he did not know what he was talking about.
What worries me is that most days, Krugman would not have been there.
*Owns