Paul Krugman Tells Netroots 2012: US Economy Under Obama Is in Depression (Video)

Can we call it the ‘Obama Depression’ now?
Paul Krugman gave the Saturday morning keynote speech at Netroots 2012 this past weekend… to a mostly empty room.

Those who did show up heard him say the US is suffering from a depression under Barack Obama.
The Examiner reported:

Transcript via the Examiner:

“We don’t have a formal definition, I’d say that a Depression is when things are down, when things are terrible for an extended period of time,” Krugman said, reminding them that were even “official” periods of recovery during the Great Depression.

“So it is again today,” he said.

And, yet this clown wants more stimulus spending? What a jerk.

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

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