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Krugman is (almost) Never Right

I never imagined I would agree with Paul Krugman, but as in most cases where I've used the word "never" the moment of truth has arrived. In a recent NY Times piece he advocated for government spending on infrastructure, and I cannot disagree. Borrowing rates are ludicrously low so now is the time to borrow long term to finance needed projects that will serve as the foundation for our nation to move forward as a first world country.
For those who travel abroad, it is striking to compare the dilapidated state of our infrastructure with what we see in other places. The conditions of the roads, bridges and tunnels, our pathetic airports, and much of the national energy platform are all subpar and in dire need of overhaul. The dollar remains the global currency and our ability to borrow and at low rates is highly enticing. Now is the time. Damnit!  Krugman is right, and "Never" has come again!

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