Fearing that many are overreacting to recent good economic news, Paul Krugman believes that...

|By:, SA News Editor

Fearing that many are overreacting to recent good economic news, Paul Krugman believes that "even though we may finally have stopped digging, we’re still near the bottom of a very deep hole." For the next few years, even with fairly strong growth, he says the U.S. will be bogged down by unemployment rates that not long ago would have been considered catastrophic.