Business Insider: The Economic Argument Is Over -- Paul Krugman Has Won

Business Insider ^ | 04/24/2013 | Henry Blodget

[JCBreckenridge]

We should wear the badge with pride.

[JCBreckenridge]

Krugman, is that you? Exports dropped 50 percent after Smoot-Hawley. Why do a repeat of a failed policy just because we hope that it makes some people happy? Bad economics is bad economics.

[JCBreckenridge]

I’m not worried about China. China has no young people, America does. China looks tough but it’s a paper tiger.

[taildragger]

Steve Colbert had this nonsense on his show. Most young voters get their information from him. God help us.

Those of us with real lives or real jobs can't stay up to watch his drivel, the the dot com type kids that have flex hours stay up and watch his **it. That is correct heaven help us..

[RightWingNilla]

This makes me furious. It’s one thing to trash the credit and reputation of America - which will take a long time to repair, quite another to lie to the people of the United States to make it difficult to uncover what is actually going on. This is the route to bankruptcy and disaster.

And make no mistake...any disaster will be blamed on conservatives. Krugman and his acolytes thinks that anyone who is concerned with saddling future generations with untold debt is "extreme".

[JCBreckenridge]

Rewriting economic history to salvage the Kenyan is a pain in the ass. It means folks like me need to get off our ass and maintain the true records so that when a sensible administration comes around - they can get a handle on what is actually going on.

Again, the surest route to disaster is to eliminate all the gages. If you don’t know how much is in the tank you don’t know how far you can go.

[Vermont Lt]

There is some light reading for a Wednesday night. I should have waited an hour until I was trying to fall asleep.