Angry Paul Krugman Is All Like, "Yeah, Whatever, THAT'S Cool"

“So wise policy, as defined by the G20 and like-minded others, consists of destroying economic recovery in order to satisfy hypothetical irrational demands from the markets — demands that economies suffer pointless pain to show their determination, demands that markets aren’t actually making, but which serious people, in their wisdom, believe that the markets will make one of these days.

Awesome.”
-I don’t think Paul Krugman believes it’s awesome at all that the deficit hawks of the G20 are calling for austerity measures while battered economies actually require further stimulus if they want to get moving again. In fact, I think he’s kind of pissed about it.