JOURNAL ARTICLE

Paul Krugman Warns US Debt-Cap Talks Risk Harming Future Prosperity.

  • Published In: Bloomberg.com, 2023. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Miller, Rich 3 of 3

Abstract

"If extortion over the debt limit becomes a routine affair, then people will stop wanting to use dollar securities", Krugman said. (Bloomberg) -- Nobel Prize-winning economist Paul Krugman played down concerns about the US government's burgeoning debt ahead of potential default next week and said budget negotiators risked undermining the nation's future prosperity by focusing their efforts to cut spending on such programs as education and child nutrition. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2023/05, pN.PAG
  • Document Type:Article
  • Subject Area:Biography
  • Publication Date:2023
  • Accession Number:163912366
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