Posted on 07/22/2011 4:17:04 AM PDT by blam
Economic Policy: Nobel Prize-winning economist Paul Krugman says the U.S. is in the “early stages of a third Great Depression.”
If he’s right, it’s only because American policymakers have been following his advice...”
IBD editorial
http://www.investors.com/NewsAndAnalysis/Article/538727/201006281830/Krugmans-Depression.aspx
Sorry, I was only pointing out that the idiot from Princeton was wrong to say the Republicans, whom he calls “right-wing fanatics” have no plan.
It’s the Democrats who either don’t have a plan or who have a secret plan.
Does Krugman have a plan? First, what would it matter? Anybody can come up with a plan. But, in the real world, you have to work with others. As an entrepreneur, you have to sell your plan to investors. In politics, you have to fashion majority support for your plan.
Second, as you point out, Krugman’s plan is idiotic. I think it questions whether he has succumbed to mental illness. Have you seen him on PBS? He looks deranged. He is beyond opinionated and is arrogant and disrespectful of others. He uses his Nobel Prize in economics (for the implications of imperfect competition for international trade, which, by the way, I love) as a bludgeon, when other Nobel Prize winners have addressed the economics of deficit spending in ways that differ from his and roughly accord with the principles imbedded in the Republican plan.
Krugman just bought my old business....
Jim Bobway’s Currency Exchange
Beam him up, Scotty!
Or maybe this guy is in another galaxy and he needs to be beamed down.
Oh jeez, did you see that? The Mad Hatter just went through the room, the tooth fairy will come tonight to leave me lots of money and I have a bridge I’ll sell ya cheap.
Krugman = JournOlist = fraud
Love it. krugman describes the plan to quit borrowing, reduce our debt and strengthen our financial position to be the action of right wing fanatics.
So when krugman gets let go from the Moscow times, I would bet that he quits borrowing, reduces his debt and strengthens his personal financial position.
That would make krugman a right wing fanatic.
Pissin in the wind just gets you wet there nobel prize goofball.
Can I borrow a few thousand?
>>Consider that 12,500 in the market has the real value of about 9,000.<<
Thank you for the good news. I was figuring it was below 8k by now.
Why? You wanna buy a pack of gum?
;-)
I was hoping to take Momma out for dinner.
Then you need more.... 10,000 Zimbabwe dollars = one chicken leg.
Mortgage the house again. I’m getting tired of this.
And they are to blame for financial markets having concerns with our nations borrowing?
Don’t mortgage the house! Merely steal your neighbors wallet......it’s the “ Obama Way “
Is that what they mean by “sharing the wealth?”
Yeah.....or like when Huckleberry Finn “ borrowed” something ;-)
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