“Let’s Get Fiscal” by Paul Krugman
October 17, 2008, 1:00am
The Dow is surging! No, it’s plunging! No, it’s surging! No, it’s … Nevermind. While the manic-depressive stock market is dominating the headlines, the more important story is the grim news coming in about the real economy. It’s now clear that rescuing the banks is just the beginning: the nonfinancial economy is also in desperate need of help.
From The New York Times