"The moralizers are winning," Paul Krugman frets; more and more voters are convinced that we...

|By:, SA News Editor

"The moralizers are winning," Paul Krugman frets; more and more voters are convinced that we need "more punishment," not more stimulus, because debt relief is a reward for bad behavior. "The irony is that in their determination to punish the undeserving, voters are punishing themselves," he says, by perpetuating high unemployment.