Translation: Mr Krugman is a neo-con, not posing any different in objective than Mr Reich, for example, for federal policy. That is to obligate disposable income to funding financial sector industry ... since private property and collective bargaining no longer exists, pretty much. Mortgages exist and grow in volume, while ownership and legal property rights diminish.
Krugman has, for as long as I can remember, that is even before his regular column, written opinions to validate whichever politician is president. I've not read one word of his academic papers. And I bet not one will ever see the light of the www. Diversity is the key to economic and political evolution.
The prompt quoted was blind, prior to 2004. And Mr Obama had lately advocated his position adjudicating, what was the phrase? a woman's "feeling blue." Diversity is the key to economic and political evolution.