SN,
Krugman thing is not opinion. The government of the United States went into a depression in 1937 after doubling in size after 4 years. What is opinion is his claim by Krugman, if more money was thrown into the New Deal, the depression of 1937 would have not have occurred.
No that is not how supply and demand works. Sorry, no cookie. What subsidies are is a form of a command economy. Where has a command economy worked? Eastern Europe? What you do is taking money that is working efficiently and put into inefficient projects, that is what subsidies are. Also, you are transferring wealth from poor/middle class to rich...I guess income inequality is a bit lower on the dogmatic list of things.
Again, how does Europe move forward when it population is shrinking. The party is over. The news is the subsidies are going away in Spain and Germany. You can have faith in socialist governments finding a way. With shrinking population, the population get older...and less energetic when it comes to wealth creation, there are less workers to recipients...in western Europe it will get to one to one. The wealth is going away with the shrinking population. This means things will have to go...inefficient things, like renewables. Tell me which shrinking corporation stays in Dow 30 for any length of times?
Why aren't you willing to pay for expensive power? I'm sure PG&E would accommodate your demand for green power and the price that goes along with it.
