Krugman debates Ron Paul

[politicaljunkie12]

10. Ron Paul

I don't support Ron Paul for president, but I do believe his ideas on fiscal responsibility are an important message that should resonate within the Republican party more. I don't support Mitt either or Obama, so I'm stuck. I'm not anti-Ron Paul either or anti-Mitt. So, I assume my message may not "resonate" as well with the extremists that seem to occupy both sides of the Fed question. I think it's a mistake to dismiss everything Krug and Paul say as ridiculous. They both make valid points and they both agree that the one factor that can screw up a good thing is the human element. I agree with that. You can have the Fed and it can be very effective. You can also have the gold standard without the Fed and that can be very effective. We've had economic collapse with both in place, so I don't see one as better than the other. They both have strengths and weaknesses that are brought to light when politicians muck it up.