The federal government faces a national debt crisis like never before in its history. Most economists from across the political spectrum agree that the deficit is out of control and leading the country on the road to disaster. Enter Nobel Prize-winning economist and unrepentant polemicist Paul Krugman, who recently took it upon himself to assure his readers in the New York Times that the national debt is not a problem — and, if it is a problem, it’s all Republicans’ fault.
Read the full story here.