Posted on 04/08/2013 5:06:13 AM PDT by Sir Napsalot
(snip)
PAUL KRUGMAN: There's been, there's been tons of work on this. And what's holding small business back is not regulations, it's the fact that they don't have sales.
(Excerpt) Read more at realclearpolitics.com ...
This guy really is delusional. He was obviously given a nobel prize just so his distorted views would have some credibiltity, though they’re not in any way credible.
And everyone knows that the increased prices occasioned by onerous regulation has no effect on sales.
There are none so blind as those who will not see.
How does this idiot keep chewing through the leather straps? The other day he was arguing that Kalifornia is making an amazing comeback.
Soooooo, price has no effect on supply/demand. If that’s true, then “economics” ceases to exist. Krugman will have to call himself something else other than an economist. I have several colorful suggestions.
This is a classic case of using statistics to prove anything. Start with a conclusion and work backwards..
I’m in my mid-50’s and have been through numerous economic cycles in my life. What I do not see on the horizon this time is a “new boom” industry to bring us back. Perhaps it is there and I don’t see it. Nanotechnology? 3-D printing? Synthetic fuels? The vast majority of jobs that have been lost in this downturn I don’t believe will ever come back. Most of those jobs have been replaced with automation.
This is the guy who said The Stimulus failed because it was too small.
It’s not that the cancer killed the cancer patient, it’s just that his heart stopped beating.
He’s just trying to push the idea that if the government only spends more money it doesn’t have, everything will be ok. He ignores what’s happened the last four years and still desperately clings to his Keynesian fantasies.
LOL
But he won a Nobel prize! Just like 0bama!
Actually, Paul, two ares in which there is inconsistent correlation, at best, are: the correlation between real intelligence vs. an academic appointment, and the correlation between real contributions/achievements and the Nobel Prize.
Obama, Algore and Yasir Arafat also “won” Nobel Prizes.
It’s a PC joke.
As for “credibility” added unto someone via a Nobel Prize....I offer you Arafat, Carter, Gore, and Obama. ‘Nuff said.
Duh, ‘Hear no evil. say no evil and most importantly SEE no evil.’
Krugman clearly sees a BRAVE NEW WORLD ORDER.
Mathematician: “Zero equals zero.”
Krugman: “Absolutely untrue, and I have statistics to prove it.”
Mathematician: “Oneequals one
Krugman: “Not according to THESE poll results.”
Mathematician: “Zero does not equal one.”
Krugman: “Balderdash. Zero equals one all day long.”
Nobel Prize Selection Committee: (SWOON)
Or Perhaps: "Krugman Proves His Economic Illiteracy."
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