Paul Krugman seems to have an imminent threat for every occasion. In his Tuesday column for the New York Times he writes that the United States is (yet again) heading toward a financial crisis, this one courtesy of the federal budget deficit. As Don Luskin points out in today’s Truth Squad column, “Krugman’s been forecasting the imminent demise of the U.S. economy” for more than a decade. And he’s been wrong time and time again. In his latest stroll down America’s road to economic ruin, he knocks on the door of Damocles (the forecasting model–not the Greek). But thanks to the Krugman Truth Squad, that door quickly shuts. Read all about it in today’s KTS.