Krugman, Reinhart, Debt, Spending, Taxes, Growth
This article analyzes and compares conflicting views and opinions of two of the world’s most popular economists, Mr. Krugman and Mr. Reinhart. The basic argument is, whether we spend our way out of this crisis or should we pull our reins on reckless spending. Mr. Krugman is advocating the idea of making more money available for economy, regardless of its source. On the other hand, Mr. Reinhart, holds the view that it really matters where money is coming from.