Extra Credit: Understanding a Long Argument

As mentioned in class, your next extra credit assignment is to read the following column by Paul Krugman in the New York Times:

• Is Our Economy Healing?

Figure out Krugman's argument: what is his main point? What are his reasons supporting this main point? Summarize Krugman's argument in a clear premise/conclusion format. Hand in your formal premise/conclusion version of Krugman's article at the beginning of class on Tuesday, January 31st.