Krugman: Hasty Fix to Deficit Would Cause 'Austerity Bomb'
Clip: 12/4/2012 | 8m 40s
Paul Krugman: Hasty Fiscal Fix to the Deficit Would Cause 'Austerity Bomb'
Though Republicans claim $2.2 trillion would be saved by their plan for long-term deficit reduction, economist Paul Krugman calls it a "vapor plan," with few details on where savings will come from. Gwen Ifill talks to Krugman about why he thinks reducing the deficit too fast could push the economy back into recession.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
Krugman: Hasty Fix to Deficit Would Cause 'Austerity Bomb'
Clip: 12/4/2012 | 8m 40s
Though Republicans claim $2.2 trillion would be saved by their plan for long-term deficit reduction, economist Paul Krugman calls it a "vapor plan," with few details on where savings will come from. Gwen Ifill talks to Krugman about why he thinks reducing the deficit too fast could push the economy back into recession.
Problems playing video? | Closed Captioning Feedback
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Egyptian Oppositions Gain Momentum With Palace Protests
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Long After Earthquake, Haiti Still Endures Cholera Epidemic
Clip: 12/4/2012 | 8m 38s | Long After Earthquake, Haiti Still Feels Devastating Effects of Cholera Epidemic (8m 38s)
Long After Earthquake, Haiti Still Endures Cholera Epidemic
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News Wrap: U.S. Denies Iranian Claim of Seizing Drone
Clip: 12/4/2012 | 2m 52s | News Wrap: U.S. Denies Iranian Claim of Seizing American Surveillance Drone (2m 52s)
Obama Says No Deal Without Tax Rate Increase on the Rich
Clip: 12/4/2012 | 4m 58s | Obama Says No Deal Without Tax Rate Increase on the Rich (4m 58s)
Today's Generals Are Well-Trained, Ill-Prepared for Battle
Clip: 12/4/2012 | 7m 4s | Today's Generals Are Well-Trained, But Ill-Prepared for Battle (7m 4s)
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...