While I was going to wait until Tuesday to do my next post, I wanted to alert everyone that Paul Krugman, NY Times columnist and Nobel Prize winner in economics, and David Stockman, a budget director for the Reagan administration (who quit because he took federal deficits more seriously than Reagan did), are slated to be on This Week with George Stephanopoulos this Sunday (9:oo a.m. on ABC in San Diego; check your local listings.)
It is a verbal prize fight in the offing as each sees our fundamental fiscal problems very differently and have exchanged written barbs resulting from Stockman’s publication of The Great Deformation: The Corruption of Capitalism in America.
They figure to deal with the large fiscal issues that face us in contrast to the congressional pie fights over just keeping the government running.
There figures to be a lot of heat and perhaps some light shed through what should be an interesting verbal battle. Actually I wouldn’t mind if a punch or two is thrown, just to break the tension with some laughs. Old men fighting is always funny.
Those interested in some background information can click the link to the Krugman blog in my Blogroll to the left and scan down his posts. And/or check out the article below.
Can’t wait for the opening bell!
- Stockman Warns of Crash of Fed-Fueled Bubble Economy (bloomberg.com)