Krugman's idiotic new book

Dante said:
“Gah gah goo goo debasement! theft!”


:lol:

On the Uselessness of Debates - NYTimes.com

Think about it: you approach what is, in the end, a somewhat technical subject in a format in which no data can be presented, in which there’s no opportunity to check facts (everything Paul said about growth after World War II was wrong, but who will ever call him on it?). So people react based on their prejudices. If Ron Paul got on TV and said “Gah gah goo goo debasement! theft!” — which is a rough summary of what he actually did say — his supporters would say that he won the debate hands down; I don’t think my supporters are quite the same, but opinions may differ.

“Gah gah goo goo debasement! theft!”

Don't Know Much About (Ancient) History - NYTimes.com

The things I do for book sales. I debated, sort of, Ron Paul on Bloomberg.Video here. I thought we might have a discussion of why the runaway inflation he and his allies keep predicting keeps not happening. But no, he insisted (if I understood him correctly) that currency debasement and price controls destroyed the Roman Empire. I responded that I am not a defender of the economic policies of the Emperor Diocletian.

“Gah gah goo goo debasement! theft!”

some antagonist to everything Krugman sent me a rep (neg) with a comment containing the term 'fuckroast'

fuckroast? :lol: how pathetically juvenile.
 
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In sum, he simply says there is a lack of demand causing this depression.

The lack of demand, he says, came from the housing crisis and its direct ramifications

His solution is to create demand to fill the void with government spending. In particular he wants to hire teachers and other government loafers who have been laid off or not hired.

This is pure idiotic liberalism because:

1) it does not provide for healing the housing free market that liberals screwed up with Fanny Freddie Fed CRA, FHA, HUD etc etc

2) creating artificial demand in another area (education) merely creates a mal investment bubble exactly like the housing bubble that will burst and cause yet another recession.

hows that european austerity working out?
 
hows that european austerity working out?

what austerity??? Europe is socialist; to them austerity is merely reduced rates of growth in spending and taxes. You've got to be a liberal fool to think Europe just proved socialism works!!
 
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The first, he is refering using party affiliation as proof of intelligence. .

it does seem to be true that slow people tend to be liberal. A liberal is someone who believes in government magic or is looking for a government welfare check.

A conservative on the other hand understands that the magic is an illusion or trick; the government cant stimulate the economy with tax and spend or individuals with welfare entitlements. Plus, the conservative thinks he can earn a living while the liberal is merely looking for a liberal welfare check.

Now you can see on what side the more intelligent people will accumulate.
 
I lost what tiny shred of respect I had for ferret face after 9/11™, when he invoked the thoroughly debunked broken window theory as a way to try and put a happy face on the tragedy.

Tarring and feathering would be too good for that dickweed.

:clap2: Disastrous Economic Fallacies - Terror as Stimulus

The stupid idea of "Cash for Clunkers" is even worse.

Paul Krugman: "higher productivity can be a bad thing"​

[ame="http://www.youtube.com/watch?v=SQFhm4s_-Pk"]Terror as Stimulus Fallacies[/ame]
 
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