Paul Krugman: Economy Is “Surreally Good,” People Saying “It Must Be A Disaster For Somebody, But Not For Me” | Video | RealClearPolitics
Economist Paul Krugman tells Americans that actually, the economy is doing “surreally good” during an interview with CNN’s Christiane Amanpour.
“People are acting as if they’re in good shape financially. And yet, they say, wow, this is a disastrous economy. It must be a disaster for somebody. But not for me,” he said. “No hint of a recession… inflation is not too far from the target of 2 percent and under 3 percent by most measures. And all of that just achieved painlessly.”
I think what Herr Doktor Professor Krugman means is that life is pretty good for the residents of the Upper West Side these days, and will probably remain so whatever happens to everyone else.