Paul Krugman is a condescending, smug, self-righteous, hypocritical jerk. And that's on a good day, when he's not carry water for Obama.
So it's a great day when this Nobel prize winning Keynesian gets smacked down in public, to his face. Here's a great quote from this
event:
"Keynesians got us into this mess and now we (non-Keynesians) have to sacrifice our principals so that they can get us out of this mess."