WHAT KRUGMAN MAY BE MISSING IS THAT KEYNESIAN STIMULUS ONLY WORKS FOR CYCLICAL DECLINES...NOT STRUCTURAL DECLINES...
AND ESPECIALLY NOT FOR STRUCTURAL DECLINES THAT WERE CAUSED BY EXCESSIVE DEBT AND LEVERAGE...AS IN THE US TODAY.
WHEN KRUGMAN OPENED THE BOTTLE ON HIS "KEYNESIAN PILLS" FOR THE AILING ECONOMY...HE SHOULD HAVE READ THE "CAUTIONS AND WARNINGS"...!
KEYNES WOULD NOT RECOGNIZE THE CURRENT US ECONOMY WAS "REAL"...OR EVEN POSSIBLE....BECAUSE ITS A ZOMBIE...
ZOMBIES AND THE UNDEAD CAN NOT BE CURED BY KEYNESIAN STIMULUS...
