Posted on 07/02/2010 11:51:21 AM PDT by KentTrappedInLiberalSeattle
Paul Krugman is known for throwing a bomb or two from his platform in the New York Times, but it's really tough to take him for a violent fellow.
In his July 2 blog post, "I'm Gonna Haul Out The Next Guy Who Calls Me Crude' And Punch Him In the Kisser," Krugman lamented criticism of his support for more stimulus spending. A July 1 editorial in The Economist noted that the economy needs more private spending, not more government spending.
"Mr Krugman's crude Keynesianism underplays the link between firms' and households' behaviour and their expectations of future tax and spending policy," the editorial said. "For example, firms across the rich world are hoarding cash. Their reluctance to invest may have more to do with regulatory, financial and fiscal uncertainty than weak consumer demand (see article). If governments address those worries, businesspeople may start spending."
But Krugman argued he does get it, but disagrees - although he didn't seem to address this argument of long-term spending. Instead, he called for more Keynesian medicine.
"All through this debate, a recurring theme among anti-Keynesians has been that Keynesians like me or Brad [DeLong of Grasping Reality with Both Hands] are ignorant primitives who don't know anything about modern macro," Krugman wrote. "It's really hard to see where that comes from, since I've done plenty of intertemporal optimizing in my time. Part of the problem seems to be that the people saying this are taken aback by what we're saying because they don't actually understand the implications of their own models."
Over the past couple years, Krugman has been an outspoken advocate of government stimulus spending, criticized a $775 billion stimulus plan for being too small, called for a second stimulus, and even claimed in 2008 that "we probably have $10 trillion of running room" when asked how much the government could spend to turn the economy around.
But that begs the question - could a conservative economist get away with suggesting he wants to "haul out the next guy who calls me crude' and punch him in the kisser? Doubtful.
What do I get if I call him a retarded flaming a**hole dwarf? Oh, sorry, I should call him an intellectually- challenged flaming a**hole dwarf. Ooops, I should really call him an intellectually-challenged height-challenged extinguish-challenged butt-cheek challenged idiot. There, I feel better now.
Paul Krugman: The Great Unraveling Author.
One pop to that squishy face and it’s coma or death.
He might be hard-headed and an ideologue, but it’s hard to say he’s uneducated.
Caption for photo says "MIT Economics Skit Party 1976 - Paul Krugman, Jeff Frankel, Margaret Agnew, Bud, Dick Startz" (LINK)
‘Klugman’ is a disgrace to his profession. He is an idiot.
Looks like a puss w/ a glass jaw.
I saw Krugman on Hannity a couple years back. Hannity said some things that pissed Krugman off, so he threatened to walk off the set. Hannity said "Go, ahead" in a totally unflummoxed way. Krugman looked like a kid who had just has his lunch money stolen.
I’d to punch this a**hat and all his ilk in the kisser, with an 8lb hammer.
It also looks like he has a piece of skunk hide on his head.
Keynes cautioned Roosevelt against continuing the disproportionate public spending.
I knew Keynes, Krugman, and you're no Keynes.
Is that not-so-hidden code for optimally interpocketing $50K worth of grift from Enron, Kruggie?
A brilliant, smart, really-really bright, intellectual, evolutionally superior, cognitively advanced, Democrat/Socialist/Progressive macho man.
(Muy muy hombre, muy macho, muy varon, llena de machismo, mucho mas hombre que el resto de los hombres en el mundo.)
What a man!
/S/
IMHO
In other words for mere mortals and non Nobel Prize winners:
"I'm smarter than you"
Too bad Krugman is doesn't understand what really matters in the end, is does the economic theories you believe in work?
Keynesian economics theories fail every time they are applied in an American capitalist system.
They do actually work or rather don't destroy the economy, in smaller economic models like some European counties.
The American system is too big and too complex for the level of government control Keynesian economics needs to work.
Krugman is too blinded to understand that reality......................as well as Obama
Ugly on the outside
Ugly on the inside
Aw~! Has pwoor widdle Paulette have her wittle panties in a bunch?
Bring it on Paulie boy! I will rip you apart limb from limb and feed your remains to the sharks.
bang bang,..... bang.
I saw him in a debate with Bill O’Riley. He was very afraid that Bill was going to clock him. Krugman really is a pantywaste.
I’d like to make it last 3 rounds with him. Maybe in one of those Octagonal steel cages.
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