“Basically the Republicans said we’ll blow up the world economy unless you give us exactly what we want, and the President said OK. That’s what happened… . We’re having a debate in Washington which is all about, ‘we’re going to make this economy worse, but are we going to make it worse on 90% of the Republican’s terms or 100% of the Republican’s terms?’ And the answer is 100%.”

Paul Krugman: GOP Said We’ll Blow Up Economy Unless You Do What We Want And Obama Said OK - Electzu via ABC’s ‘This Week’