Paul Krugman Demolishes Rightwing Myth -- Yet Again

[Dante Reawakened]

Paul does it again! Gotta love this guy. A true genius. Not one self-described

The truth is that ever since the New Deal, Rural America has received special treatment from policymakers. It’s not just farm subsidies, which ballooned under President Donald Trump to the point where they accounted for around 40 percent of total farm income. Rural America also benefits from special programs that support housing, utilities and business in general.”


Krugman points out that although rural areas of the United States have some legitimate complaints — poverty, job losses — those areas “disproportionally benefit” from “major federal programs” because they “have a disproportionate number of seniors receiving Social Security and Medicare.”

“Because rural America is poorer than urban America,” Krugman observes, “it pays much less per person in federal taxes. So, in practice, major metropolitan areas hugely subsidize the countryside. These subsidies don’t just support incomes, they support economies…. What about rural perceptions of being disrespected? Well, many people have negative views about people with different lifestyles; that’s human nature.”

Paul Robin Krugman (/ˈkrʊɡmən/ (listen) KRUUG-mən;[4][5] born February 28, 1953)[6] is an American economist who is the Distinguished Professor of Economics at the Graduate Center of the City University of New York and a columnist for The New York Times.[7] In 2008, Krugman was the winner of the Nobel Memorial Prize in Economic Sciences for his contributions to New Trade Theory and New Economic Geography.[8] The Prize Committee cited Krugman's work explaining the patterns of international trade and the geographic distribution of economic activity, by examining the effects of economies of scale and of consumer preferences for diverse goods and services.

MSN

 

[Mikeoxenormous]

Paul does it again! Gotta love this guy. A true genius. Not one self-described

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Paul Krugman: Always Wrong, Never in Doubt

This Thursday, Federal Reserve chairman Jerome Powell told the House Budget Committee that there was “no reason to think, that I can see, that the probability of a downturn is at all elevated.” Not every economic indicator is perfect, but wages are rising (especially on the lower end)...

news.yahoo.com

 

[Dekster]

"Republicans can get away with insulting urban areas, but Democrats won’t dare insult rural areas."

His whole damn piece is a blue states are better than red state meme

 

[Dante Reawakened]

"Republicans can get away with insulting urban areas, but Democrats won’t dare insult rural areas."

His whole damn piece is a blue states are better than red state meme

deny a fact:
The truth is that ever since the New Deal, Rural America has received special treatment from policymakers. It’s not just farm subsidies, which ballooned under President Donald Trump to the point where they accounted for around 40 percent of total farm income. Rural America also benefits from special programs that support housing, utilities and business in general.”


Krugman points out that although rural areas of the United States have some legitimate complaints — poverty, job losses — those areas “disproportionally benefit” from “major federal programs” because they “have a disproportionate number of seniors receiving Social Security and Medicare.”


“Because rural America is poorer than urban America,” Krugman observes, “it pays much less per person in federal taxes. So, in practice, major metropolitan areas hugely subsidize the countryside. These subsidies don’t just support incomes, they support economies…. What about rural perceptions of being disrespected? Well, many people have negative views about people with different lifestyles; that’s human nature.”

 

[Lastamender]

Paul does it again! Gotta love this guy. A true genius. Not one self-described

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Dr. Love is that you?

 

[MarathonMike]

Paul does it again! Gotta love this guy. A true genius. Not one self-described

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Krugman is a Democrat boot licking douche. He predicted the greatest economic crash in history when Trump was elected.

 

[Dante Reawakened]

Krugman is a Democrat boot licking douche. He predicted the greatest economic crash in history when Trump was elected.

Trump Is Killing the Economy Out of Spite​

So what will he do if he loses the election?

Krugman's questions

 

[Dekster]

deny a fact:
The truth is that ever since the New Deal, Rural America has received special treatment from policymakers. It’s not just farm subsidies, which ballooned under President Donald Trump to the point where they accounted for around 40 percent of total farm income. Rural America also benefits from special programs that support housing, utilities and business in general.”


Krugman points out that although rural areas of the United States have some legitimate complaints — poverty, job losses — those areas “disproportionally benefit” from “major federal programs” because they “have a disproportionate number of seniors receiving Social Security and Medicare.”


“Because rural America is poorer than urban America,” Krugman observes, “it pays much less per person in federal taxes. So, in practice, major metropolitan areas hugely subsidize the countryside. These subsidies don’t just support incomes, they support economies…. What about rural perceptions of being disrespected? Well, many people have negative views about people with different lifestyles; that’s human nature.”

The reason rural areas have a "disproportionate number of seniors is because people cannot afford retirement in major urban areas where the cost of living is outrageous so they move elsewhere, and Social security is funded through the SS system not the federal budget. People get out based on what they put in so we po white crackers wouldn't be getting more, we would be getting less if we hadn't worked in BigBlueopolis before we retired.

 

[Dante Reawakened]

The reason rural areas have a "disproportionate number of seniors is because people cannot afford retirement in major urban areas where the cost of living is outrageous so they move elsewhere, and Social security is funded through the SS system not the federal budget. People get out based on what they put in so we po white crackers wouldn't be getting more, we would be getting less if we hadn't worked in BigBlueopolis before we retired.

you're a bit confused. but oh kay mary

 

[Dekster]

you're a bit confused. but oh kay mary

Not confused at all. Now explain to me oh knower of all things how someone who paid half the median income worth of FICA disproportionately gets more in Social Security payments than someone in NY who made 125% of the median income?

T.H.E.Y. D.O.N.T.

 

[Frankeneinstein]

Economist Paul Krugman: Why 'rural resentment' fails the 'scrutiny' test

is that referring to country folk who resent something is wrong on their part? or does it refer to a claim that they do resent something is not true? the link does not address it.

 

[buckeye45_73]

Paul does it again! Gotta love this guy. A true genius. Not one self-described

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Paul Krugman.....LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL

Paul Krugman: Trump will bring global recession

Krugman's pessimistic view comes in the wake of a more than 800-point plunge in U.S. stock futures.

www.politico.com

The economic fallout of a Donald Trump presidency will probably be severe and widespread enough to plunge the world into recession, New York Times columnist Paul Krugman warned in a New York Times

LOLOLOLOLOLOL

 

[Dante Reawakened]

Paul does it again! Gotta love this guy. A true genius. Not one self-described

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Love this image

 

[Dante Reawakened]

“Because rural America is poorer than urban America,” Krugman observes, “it pays much less per person in federal taxes. So, in practice, major metropolitan areas hugely subsidize the countryside. These subsidies don’t just support incomes, they support economies…. What about rural perceptions of being disrespected? Well, many people have negative views about people with different lifestyles; that’s human nature.” -- Paul K

 

[Missouri_Mike]

deny a fact:
The truth is that ever since the New Deal, Rural America has received special treatment from policymakers. It’s not just farm subsidies, which ballooned under President Donald Trump to the point where they accounted for around 40 percent of total farm income. Rural America also benefits from special programs that support housing, utilities and business in general.”


Krugman points out that although rural areas of the United States have some legitimate complaints — poverty, job losses — those areas “disproportionally benefit” from “major federal programs” because they “have a disproportionate number of seniors receiving Social Security and Medicare.”


“Because rural America is poorer than urban America,” Krugman observes, “it pays much less per person in federal taxes. So, in practice, major metropolitan areas hugely subsidize the countryside. These subsidies don’t just support incomes, they support economies…. What about rural perceptions of being disrespected? Well, many people have negative views about people with different lifestyles; that’s human nature.”

You can send $100 to rural people and get food production, or oil, or minerals. What do you get from sending $100 to an inner city person?

 

[HereWeGoAgain]

Trump Is Killing the Economy Out of Spite​

So what will he do if he loses the election?

Krugman's questions

And how exactly is Trump destroying the economy?

 

[Dante Reawakened]

You can send $100 to rural people and get food production, or oil, or minerals. What do you get from sending $100 to an inner city person?

fool

You believe all of rural America is responsible for

food production, or oil, or minerals.

I lived in an area with wealthy farmers. /The overwhelming majority of those areas are piss poor

 

[Missouri_Mike]

And how exactly is Trump destroying the economy?

Trump had a great economy, and world peace, and energy independence. All Bidumb had to do was sit in his office and not fuck it up. He promptly jumped in and fucked it up.

 

[Missouri_Mike]

fool

You believe all of rural America is responsible for

I lived in an area with wealthy farmers. /The overwhelming majority of those areas are piss poor

And? That’s where all your food comes from. How many inner city turds on welfare would it take to produce a single stalk of corn? The money is better spent in the country.

 

[Nostra]

Paul does it again! Gotta love this guy. A true genius. Not one self-described

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that moron has never been right on anything.