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Paul Krugman Quotes: The trouble with poverty, as an issue, is that it has basically exhausted the patience of the general public.
         

The trouble with poverty, as an issue, is that it has basically exhausted the patience of the general public.


Paul Krugman
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Other quotes of Paul Krugman


Rising inequality isn’t about who has the knowledge; it’s about who has the power.

Rising inequality isn’t about who has the knowledge; it’s about who has the power.



Bad ideas flourish because they are in the interest of powerful groups.

Bad ideas flourish because they are in the interest of powerful groups.



A snarky but accurate description of monetary policy over the past five years is that the Federal Reserve successfully replaced the technology bubble with a housing bubble

A snarky but accurate description of monetary policy over the past five years is that the Federal Reserve successfully replaced the technology bubble with a housing bubble



Wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how rigged the system is.

Wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how rigged the system is.



So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment.

So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment.



Middle-class societies don't emerge automatically as an economy matures, they have to be CREATED through political action.

Middle-class societies don't emerge automatically as an economy matures, they have to be CREATED through political action.



There are no atheists in foxholes and there are no libertarians in financial crises.

There are no atheists in foxholes and there are no libertarians in financial crises.



We should try to create the society each of us would want if we didn't know in advance who we'd be.

We should try to create the society each of us would want if we didn't know in advance who we'd be.



Outrageous fiscal mendacity is neither historically normal nor bipartisan. It’s a modern Republican thing.

Outrageous fiscal mendacity is neither historically normal nor bipartisan. It’s a modern Republican thing.



If you want to understand opposition to climate action, follow the money.

If you want to understand opposition to climate action, follow the money.





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I had one of those headaches. It kept pounding and got into that crazy realm where the guillotine seems like a good idea.

I had one of those headaches. It kept pounding and got into that crazy realm where the guillotine seems like a good idea.




No one can give you the strength of character necessary... Only you can find that passion within that burns with an integrity that will not settle for anything less than the Truth.

No one can give you the strength of character necessary... Only you can find that passion within that burns with an integrity that will not settle for anything less than the Truth.



Information is a substitute for time, space, capital, and labor.

Information is a substitute for time, space, capital, and labor.



Persistence is the measurement of your belief in yourself.

Persistence is the measurement of your belief in yourself.



Putin is a better leader than Obama, because Obama's not a leader, so he's certainly doing a better job than Obama is, and that's all.

Putin is a better leader than Obama, because Obama's not a leader, so he's certainly doing a better job than Obama is, and that's all.



The aloha spirit is real simple. You give and you give and you give . . . and you give from here (the heart), until you have nothing else to give.

The aloha spirit is real simple. You give and you give and you give . . . and you give from here (the heart), until you have nothing else to give.



To somebody like Obama, substantive opposition is not tolerable. The objective is to eliminate all opposition - be it a political party, be it media, or what have you.

To somebody like Obama, substantive opposition is not tolerable. The objective is to eliminate all opposition - be it a political party, be it media, or what have you.



Inspiration is a joke, real artists sit down and work

Inspiration is a joke, real artists sit down and work



We're kind of defined by our mistakes

We're kind of defined by our mistakes




Quote Description


This page presents the quote "The trouble with poverty, as an issue, is that it has basically exhausted the patience of the general public.". Author of this quote is Paul Krugman. This quote is about poverty, exhausted, patience, issues, general public, trouble,.