[lbo-talk] Krugman on why the stimulus should be $600bn minimum

[John Thornton]

Michael Pollak forwarded:
>
> http://krugman.blogs.nytimes.com/2008/11/10/stimulus-math-wonkish/
>
>    The natural rate of unemployment is, say, 5% -- maybe lower. 

While I do like Krugman I hate the "natural" rate of employment.

John Thornton