If Obama takes his foot off the gas, it'll be 1937 all over again
(NEWSER) - Don’t believe the hype, ignore any rising GDP or employment figures, and whatever you do don’t call it a recovery—or we’re going to wind up right back where we started, argues Paul Krugman in the New York Times . There are indeed positive numbers coming, and with them calls for the Obama administration and Federal Reserve to ratchet back their efforts to prop up the economy. And if they do, it’ll be 1937 all over again. More»