Coming Third Great Depression PAUL KRUGMAN New York Times

Discussion in 'Economy' started by KissMy, Jun 28, 2010.

  1. KissMy
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    KissMy Free Breast Exam

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    New York Times -The Third Depression By PAUL KRUGMAN Published: June 27, 2010

    From a column by the Democrats favorite Economist from their Liberal Bible The NYT.

    Say it ain't so!!!
     
  2. elvis
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    elvis BANNED Supporting Member

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    who'd' have thought Newbarf was really Paul Krugman? :lol::lol:
     
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  3. william the wie
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    With debts being written off faster than money can be created plus a higher but negative multiplier for write offs than for money creation isn't this right up there with saying the sky is blue?
     
  4. 2Parties
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    With every article you see why the politicians worship Krugman just like they worshipped Keynes. What a complete and utter tool...
     
  5. elvis
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    elvis BANNED Supporting Member

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    Didn't Krugman say Obama's stimulus package should have been twice as large?
     
  6. hortysir
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  7. KissMy
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    What the Democrats fail to understand is the difference between austerity, stimulus & long term entitlements. These dumb-asses just passed a health-care bill that gives us austerity by taxing us now & burdens us with long term entitlements pressuring our debt rating reducing our ability to print, barrow & stimulate now. :rofl::rofl::rofl:

    :cuckoo: How stupid are these idiots? :cuckoo:

    They should have gave us health-care now when people really need it & cut it back later when they can afford their own & tax us for it later. That is what is called short term stimulus & reducing long term entitlements relaxing pressure on debt ratings & gold prices. :clap2::clap2:
     
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    The Stimulus could have been $100 trillion and Krugman would say it should have been $200 trillion.
     
  9. Oddball
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    Oddball BANNED Supporting Member

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    From the piece:

    More prescriptions of leeches and some boar vomit, from Theodoric of York.
    Hulu - Saturday Night Live: Theodoric of York
     
  10. mascale
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    (1) Mostly, "Austerity" in the Great World Socialist, Total Credit Market, means that pond scum no longer can use the California model of government employment as the road to wealth and riches. Pay is frozen. Finally, at University of California. Only last year it was even rolled back. Clearly, those are the households that caused it all.

    (2) Mostly, the European targets are years away.

    (3) Mostly, some limitations on the public benefits largesse will be imposed.

    (4) The Great World Socialist, Total Credit Market will be tapped for the deficit reductions. The Concept of BP, for example, footing the bill for the Oil Spill clean-up: Is not in the textbooks. Therefore, what is happening globally, and worldwide, is not: According to anyone teaching or commentating, or analyzing current situations.

    (5) The Manzanar level of Civil Liberties--the right to a pittance--is not presented in even in the law school textbooks. Supreme Court nominee Kagen is supportive of the Manzanar Concept of the basic civil right to a pittance, only. Justice Ginsburg is supportive of the Manzanar Concept of the basic civil right to a pittance, only. No civil right exists directly to any part of the Warren Buffet, or Bill Gates wealth, and commencing at birth. Clearly included is even that portion, taken as taxes. No Direct, redistributive Civil Right exits. Anyone especially Ivy League educated, is supportive of the Manzanar Concept for peoples. That is not in the textbooks, so they do not so-state.

    (6) Krugman is supportive of the Manzanar Concept, which like the tapping of BP wealth: Is not in the textbooks. The Great Socialist World Credit Market is not in the textbooks. Current events are not really happening. See the article of Herbert Krugman for evidence.

    (7) Clearly, Teaching is not possible, at any grade level--without the doctoral degree--unless it is believed that some kids are better than other kids, and that all the other kids are not worth the extra effort. That is not in the textbooks. Instead there are unqualified staff in the schools. For reference, see above: The widely Ivy League supported, Manzanar Concept of Civil Liberties.

    (8) In fact, in the GOP Party of "No," even most recently their own concept of people paying down debts is with "No" money. The unemployed get "no" benefit extensions. The state and local governments get "no" further bail-outs. Americans generally get "no" national health insurance. Americans generally get "no" Cash For Clunkers" Americans generally get "no" Refundable Tax Credit. Americans generally get "no" federal stimulus whatsoever. Deficit reduction gets "no" money whatsoever.

    (9) Anyone can note the much of current arithmetic is not in textbooks, and not allowed even to be presented or discussed in the schools!

    "Crow, James Crow: Shaken, Not Stirred!"
    (Apparently the "Reagan Trajectory" itself: Is still full of jelly beans!)
     
    Last edited: Jun 29, 2010

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