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Galt, Gold and God (Krugman summarizes what Paul Ryan is about)
New York Times ^ | 08/24/2012 | Paul Krugman

Posted on 08/24/2012 6:23:29 AM PDT by SeekAndFind

So far, most of the discussion of Paul Ryan, the presumptive Republican nominee for vice president, has focused on his budget proposals. But Mr. Ryan is a man of many ideas, which would ordinarily be a good thing.

In his case, however, most of those ideas appear to come from works of fiction, specifically Ayn Rand’s novel “Atlas Shrugged.”

For those who somehow missed it when growing up, “Atlas Shrugged” is a fantasy in which the world’s productive people — the “job creators,” if you like — withdraw their services from an ungrateful society. The novel’s centerpiece is a 64-page speech by John Galt, the angry elite’s ringleader; even Friedrich Hayek admitted that he never made it through that part. Yet the book is a perennial favorite among adolescent boys. Most boys eventually outgrow it. Some, however, remain devotees for life.

And Mr. Ryan is one of those devotees. True, in recent years, he tried to downplay his Randism, calling it an “urban legend.” It’s not hard to see why: Rand’s fervent atheism — not to mention her declaration that “abortion is a moral right” — isn’t what the G.O.P. base wants to hear.

But Ryan is being disingenuous. In 2005, he told the Atlas Society, which is devoted to promoting Rand’s ideas, that she inspired his political career: “If I had to credit one thinker, one person, it would be Ayn Rand.” He also declared that Rand’s work was required reading for his staff and interns.

And the Ryan fiscal program clearly reflects Randian notions. As I documented in my last column, Mr. Ryan’s reputation for being serious about the budget deficit is completely undeserved; his policies would actually increase the deficit. But he is deadly serious about cutting taxes on the rich and slashing aid to the poor,

(Excerpt) Read more at nytimes.com ...


TOPICS: Constitution/Conservatism; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: aynrand; galt; krugman; paulryan; ryan

1 posted on 08/24/2012 6:23:38 AM PDT by SeekAndFind
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To: SeekAndFind

Krugman forgot Guns.

In any, God, Guns, Gold and Galt is a platform for which I would be proud to vote (and I’m not even a big Ayn Rand fan!).


2 posted on 08/24/2012 6:29:15 AM PDT by Little Ray (AGAINST Obama in the General.)
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To: Little Ray
One thing for sure if one follow Paul Krugman that is a sure way to financial ruin
3 posted on 08/24/2012 6:39:06 AM PDT by scooby321 (AMS)
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To: SeekAndFind

Paul Krugman couldn’t summarize his own breakfast.


4 posted on 08/24/2012 6:49:06 AM PDT by Rinnwald
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To: SeekAndFind

I would go to Kurgjoke for advice on economics right after I go to Al Gore for science advice.


5 posted on 08/24/2012 7:10:01 AM PDT by Da Coyote
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To: SeekAndFind

Wow. As vituperative and shrill as Krugman’s article is, the following comments from his worshipers are even worse.

And all fail to acknowledge today’s elephant in the living room, placed there by failed social and monetary policies.

And the left says conservatives are hate-filled, knuckle dragging sociopaths.

November can’t come soon enough.


6 posted on 08/24/2012 7:13:20 AM PDT by Tigerized ("..and whack 'em, and whack 'em, and whack 'em!' cried the Toad in ecstasy." (also my 2012 strategy))
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To: SeekAndFind

Of course, a real-life Jim Taggart would not like Ryan.


7 posted on 08/24/2012 7:14:55 AM PDT by Mr. Jeeves (CTRL-GALT-DELETE)
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To: SeekAndFind

Krugman is always worth reading, primarily because of his amazing consistency. He is not just generally wrong, he is ALWAYS WRONG. And not just wrong but 180 degrees wrong.

Read him, think about the opposite and you will be on the right track.


8 posted on 08/24/2012 7:29:48 AM PDT by InterceptPoint (.)
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To: Rinnwald; SeekAndFind
Paul Krugman couldn't summarize his own breakfast.

Nobel Prize or not, Paul Krugman is absolutely clueless as to what appears to drive Paul Ryan. Ryan has a depth that Krugman, little better than a knee-jerk Keynesian, can only try to explain from a far more limited ken.

Krugman's economics simply do not work. Take, for example, the actual effect, in real terms, of our 80 year infatuation with Krugman's model Keynes: Debt Default In America. Or consider, the effect of the Collectivist/Egalitarian approach in Sabotaging Human Potential.

Because of the deceptive effect that monetary inflation has on statistical comparisons, the Krugmans of this world have been misleading a great many, supposedly educated folk. But Ryan is a man who apparently thinks for himself, and analyzes what is really happening. He would destroy Krugman in any debate.

William Flax

9 posted on 08/24/2012 8:38:22 AM PDT by Ohioan
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To: SeekAndFind
What amazes me is that Krugamn can call Ryan's budget unserious when the dhimmis have not produced a budget in 4 years and the budget proposed by Obama was voted down 97-0.

That's nearly as amazing as Obama saying that his campaign didn't call Romney a felon when not only did his campaign do just that but everybody knows his campaign did it. Obama and everybody else knows he's lying and still he lies.

But the most amazing thing of all is that we are close to re-electing someone like this to lead this country.

10 posted on 08/24/2012 8:39:00 AM PDT by Pietro
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To: Pietro
Krugman is an apologist for the pseudo economics of the Keynesian theorists. He should not be taken as one offering objective analysis. He is what you might call "agenda driven."

William Flax

11 posted on 08/24/2012 8:54:50 AM PDT by Ohioan
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To: SeekAndFind
From the article: "the “job creators,” if you like — withdraw their services from an ungrateful society. "

"Society" as depicted in Atlas Shrugged was a lot more than simply "ungrateful". They were destructive of all productivity by taking from the competent and buying support for themselves by giving to the incompetent.

< s>I have read that Apple Computer has over 50 billion dollars in CASH. Imagine the people that Apple could employ if they simply spent that money. But no; the greedy owners refuse to do that. Successful companies should be REQUIRED to use their cash flow to hire the unemployed.

Why hasn't Krugman singled out such "job creators" and demanded that they do the right thing with their money? Imagine how our economy would boom if the government simply mandated full employment.< /s>

Our "society" is dreadfully sick and one of the carriers of that infectious disease is Paul Krugman.

Kalifornia is busy planning the "train to no where" which will cost billions of tax dollars to construct and most certainly billions to operate. This is practically right out of Rand's book. But the liberals will be genuinely surprised when the outcome is as I have described. They truly are incapable of connecting actions with consequences. Nothing short of starvation (their's, not yours) will cause them to question their own ridiculous notions.

12 posted on 08/24/2012 12:46:06 PM PDT by William Tell
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