Posted on 05/15/2010 6:16:49 AM PDT by Oldeconomybuyer
It's an ill wind that blows nobody good, and the crisis in Greece is making some people – people who opposed health care reform and are itching for an excuse to dismantle Social Security – very, very happy.
We have a clear path to economic recovery, while Greece doesn't.
The key to our fiscal future is improving the efficiency of our health care system – which is, you may recall, something the Obama administration has been trying to do, even as many of the same people now warning about the evils of deficits cried, "Death panels!"
So here's the reality: America's fiscal outlook over the next few years isn't bad. We do have a serious long-run budget problem, which will have to be resolved with a combination of health care reform and other measures, probably including a moderate rise in taxes. But we should ignore those who pretend to be concerned with fiscal responsibility, but whose real goal is to dismantle the welfare state – and who are trying to use crises elsewhere to frighten us into giving them what they want.
(Excerpt) Read more at sacbee.com ...
gawd, spending money = saving money to nobel prize economist
Saw a good Stossel rebuttal to this piece earlier this AM. Krugman is a dissembler and his thoughts need to be disregarded.
A comprehensive psychiatric examination is Krugman’s ONLY path to recovery. This nimrod’s Nobel Peace Prize for economics is as justified as Obama’s, Gore’s, Arafat’s...
You gotta hand it to Krugman. No matter how much the facts refute him, he remains true to his soicialist ideology.
If all of America’s ‘rats just stopped using medical services our problems would soon be over.
His Nobel must have come from the same illicit source as Obama’s. He’s no genius. Instead, he’s a brain-dead ideologue. Communist. Pure and simple.
Time for some Obamakkkare ~ strap him down!
Only a total moron would believe that you can spend your way out of debt.
Nobel Laureate Paul Krugman : We’re Not Greece (So never mind the deficits)
The death panels are going to save a pot full of money since Obamacare will no longer be supplying health care to people during their last two months of expected life.
If all is well fiscally with America as we head toward mandatory national health care, shouldnt we look at other countries experience?
As I understand it, one of the requirements for aid to Greece by the IMF and the European Union is that it dismantle their fiscally irresponsible & draining national health care program.
Mr. Krugman, one question. Why?
Geez, someone should pull his Econ degree.
Paul! “MORAL HAZARD.”
Go back to College - and READ ABOUT IT...
HTF did this buttclown win a Nobel prize?
He is a reliable liberal. That is the first qualification for the Nobel prize...for anything.
It says a lot about Princeton and the New York Times that he's employed by them.
Krugman is not insane.
He is a devout Marxist propagandist.
You will find a consistent theme in Krugman’s socialist economic Utopia. It is embodied in this statement:
“But the story you hear all the time — of a stagnant economy in which high taxes and generous social benefits have undermined incentives, stalling growth and innovation — bears little resemblance to the surprisingly positive facts. The real lesson from Europe is actually the opposite of what conservatives claim: Europe is an economic success, and that success shows that social democracy works.”
You are absolutely correct. While Europe is collapsing like dominoes, starting with Greece, mulish idiots like Kurgman are holding up the socialist model as an ideal to follow. With his advice, we will be the last domino to fall and the entire world will be damned while the Krugmans of the world sit back and admire their worthless Nobel prizes.
The guy is a blithering idiot.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.