http://www.nytimes.com/2002/08/02/opinion/dubya-s-double-dip.html
2002- Krugman calls for a housing bubble. Busted!
See also:
http://moslereconomics.com/2015/08/22/krugman-on-debt/
Mosler's (MMT) response to Krugman's mumbling speculative nonsense on debt.
Debt is good? Comments say that debt is obviously bad. Well folks its not good or bad it is what it is.