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Keyword: krugman

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  • The Economics of Soaking the Rich [Krugman <3 A.O.C.]

    01/05/2019 7:52:06 PM PST · by Olog-hai · 59 replies
    New York Slimes ^ | Jan. 5, 2018 | The Nobel Prize Winner Himself
    I have no idea how well Alexandria Ocasio-Cortez will perform as a member of Congress. But her election is already serving a valuable purpose. You see, the mere thought of having a young, articulate, telegenic nonwhite woman serve is driving many on the right mad — and in their madness they’re inadvertently revealing their true selves. […] The controversy of the moment involves AOC’s advocacy of a tax rate of 70-80 percent on very high incomes, which is obviously crazy, right? I mean, who thinks that makes sense? Only ignorant people like … um, Peter Diamond, Nobel laureate in economics...
  • Conservatism’s Monstrous Endgame

    12/17/2018 8:03:42 PM PST · by EdnaMode · 32 replies
    Noo Yawk Slimes ^ | December 17, 2018 | Paul Krugman
    The midterm elections were, to an important extent, a referendum on the Affordable Care Act; health care, not Donald Trump, dominated Democratic campaigning. And voters delivered a clear verdict: They want Obamacare’s achievements, the way it expanded coverage to roughly 20 million people who would otherwise have been uninsured, to be sustained. But on Friday, Reed O’Connor, a partisan Republican judge known for “weaponizing” his judicial power, declared the A.C.A. as a whole — protection for pre-existing conditions, subsidies to help families afford coverage, and the Medicaid expansion — unconstitutional. Legal experts from both right and left ridiculed his reasoning...
  • NYT op-ed writer Krugman: U.S. part of a new 'axis of evil' with Russia, Saudi Arabia [idiot]

    12/13/2018 3:42:12 PM PST · by jazusamo · 30 replies
    The Washington Times ^ | December 13, 2018 | Douglas Ernst
    Economist Paul Krugman warned of a new “axis of evil” this week that includes Saudi Arabia, Russia, and the U.S. Former President George W. Bush once spoke of Iran, Iraq and North Korea as an “axis of evil” due to the actions of dictatorial regimes, long trains of humanitarian abuses and gulags. The new trifecta of evil, Mr. Krugman says, earn the designation for resisting reports on the severity of climate change. “There’s a new axis of evil: Russia, Saudi Arabia — and the United States,” the New York Times columnist tweeted Monday while sharing a piece by The Washington...
  • Paul Krugman, "White People Are Not the Future of America" (vid clip)

    12/02/2018 6:50:18 AM PST · by gaijin · 135 replies
    Twitter ^ | Dec 2nd, 2018 | Chili Canon
    Nobel Prize winning Economist Paul Krugman (MIT, Princeton) opines on the future demographics of America: "The real craziness in America comes from, if you like, rural white Americans who feel their power is going away, that they are losing their ownership of their country, and they're right; we're becoming more diverse, more multicultural. Rural whites are not the future. In the end the power they still have will go away. But it's still very difficult until that happens. The future is Mayor Bill DeBlasio of New York, but there is still Ted Cruz out there, and he still has tremendous...
  • Paul Krugman Says Markets Will ‘Never’ Recover From Trump; Dow Hits Record High (Flashback!)

    09/07/2018 9:25:54 AM PDT · by Kid Shelleen · 17 replies
    The Daily Caller ^ | 11/09/2016 | Blake Neff
    New York Times opinion writer and economist Paul Krugman predicted early Wednesday morning that the stock market will “never” recover from Donald Trump’s presidential victory, only to be proven spectacularly wrong in less than a day. Instead of collapsing, the Dow Jones Industrial Average surged to an all-time high shortly before the closing bell. Futures markets imploded Tuesday night as soon as it became apparent Trump was likely to win. At their nadir, futures for the Dow Jones Industrial Average had dropped 750 points. At that point, Krugman chose to release a blog post in which he predicted these jitters...
  • Kavanaugh Will Kill the Constitution [Paul Krugman.......]

    09/06/2018 2:07:08 PM PDT · by Sub-Driver · 76 replies
    New York Times ^ | Paul Krugman
    Kavanaugh Will Kill the Constitution The legitimacy of the Supreme Court is on the line. By Paul Krugman Opinion Columnist Sept. 6, 2018 At a fundamental level, the attempt to jam Brett Kavanaugh onto the Supreme Court closely resembles the way Republicans passed a tax cut last year. Once again we see a rushed, nakedly partisan process, with G.O.P. leaders withholding much of the information that’s supposed to go into congressional deliberations. Once again the outcome is all too likely to rest on pure tribalism: Unless some Republicans develop a very late case of conscience, they will vote along party...
  • Paul Krugman: For Whom the Economy Grows; G.D.P. only part of the story, we need to know the rest.

    08/31/2018 7:44:51 AM PDT · by SeekAndFind · 39 replies
    New York Times ^ | 08/31/2018 | Paul Krugman
    “What’s in a name?” asked Shakespeare. But hey, I’m an economist, so let me ask a somewhat different question: What’s in a number? Quite a lot, suggest Senators Chuck Schumer and Martin Heinrich. This week they introduced a bill that would direct the Bureau of Economic Analysis, which produces estimates of gross domestic product, to produce estimates telling us who benefits from growth — for example, how much is going to the middle class. This is a really good idea. Now, I’m not one of those people who think G.D.P. is a terribly flawed or useless statistic. It’s a number...
  • Trump Slammed the Brakes on Skyrocketing Obamacare Premiums

    08/21/2018 1:59:11 AM PDT · by gattaca · 12 replies
    Rush Limbaugh ^ | August 20, 2018 | Rush Limbaugh
    RUSH: How many of you have gone out and tried to buy health insurance lately? Have you been surprised by any of it? Well, I’m asking you out there because there is stunning news — beta 9 just dropped if you want to go — you’ve got it, okay. There’s a story here Investor’s Business Daily. Well, Investors. It used to be Investor’s Business Daily, but they have modernized.“Media Ignore Record Low Increase In Obamacare Premiums.” Anybody want to guess why? I wonder if any of you who have tried to buy health insurance lately have been shocked at how...
  • Krugman Cries Treason After Stefan Halper Outed As FBI Infiltrator, There's Just One Problem...

    05/20/2018 6:03:38 AM PDT · by blam · 52 replies
    Friday’s outing of longtime CIA and MI6 asset Stefan Halper as an FBI asset sent to infiltrate the Trump campaign has social media abuzz today. Reactions have ranged from celebration to outrage, with little inbetween. To recap, after two weeks of hunting for a “mole” in the Trump campaign, the New York Times and Washington Post both printed incredibly detailed descriptions of Halper – withholding all but his name, solidly corroborating a March report by the Daily Caller‘s Chuck Ross about Halper’s meetings with the Trump aides. Neither publication give Ross credit, of course. Somehow several anti-Trump intellectuals got their...
  • Paul Krugman: The Great Snake Oil Slump (Why Trump's Tax Cuts are a Political Fizzle)

    04/20/2018 7:13:33 AM PDT · by SeekAndFind · 43 replies
    New York Times ^ | 04/20/2018 | Paul Krugman
    Stop me if you’ve heard this before. A G.O.P. presidential candidate loses the popular vote, but somehow ends up in the White House anyway. Despite his dubious legitimacy, his allies in Congress take advantage of his election to ram through a huge tax cut that blows up the budget deficit while disproportionately benefiting the wealthy. While the big bucks go to the big incomes, however, the tax bill does throw some crumbs at the middle class, and Republicans try to sell the bill as a boon to working families. So far this account applies equally to George W. Bush and...
  • Sarah Huckabee Sanders Mocks New York Times Crank Paul Krugman For ‘Worst Prediction of the Year’

    12/29/2017 6:17:29 PM PST · by Hojczyk · 14 replies
    GP ^ | December 29,2017 | by Cristina Laila
    In Krugman’s NYT article, he arrogantly states: It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover? Frankly, I find it hard to care much, even though this is my specialty. The disaster for America and the world has so many aspects that the economic ramifications are way down my list of things to fear. Still, I guess people want an answer: If the question is when markets will recover, a first-pass answer is never. Under any circumstances, putting an irresponsible, ignorant man who takes his advice from all...
  • America Is Not Yet Lost [Paul Krugman]

    12/29/2017 7:47:25 AM PST · by MarvinStinson · 71 replies
    NY TIMES ^ | DEC. 25, 2017 | Paul Krugman
    Many of us came into 2017 expecting the worst. And the worst is what we got. Donald Trump has been every bit as horrible as one might have expected; he continues to prove himself utterly unfit for office, morally and intellectually. And the Republican Party turns out to be composed entirely of cynical apparatchiks, willing to sell out every principle — and every shred of their own dignity — as long as their donors get big tax cuts. Yet I’m ending this year with a feeling of hope, because tens of millions of Americans have risen to the occasion. The...
  • ABC Goes All-In on Trying to Sink GOP’s ‘Nightmare’ Tax Reform

    12/17/2017 1:44:22 PM PST · by Kaslin · 40 replies
    Newsbusters.org ^ | December 17, 2017 | Nicholas Fondacaro
    After making completely false claims about the GOP tax reform bill on ABC’s Good Morning America earlier on Sunday, Clinton lackey George Stephanopoulos spent most of This Week leading the discussion tearing it down. After spending a couple minutes smearing the bill in his opening monologue, Stephanopoulos interviewed Texas Republican Senator John Cornyn where one of his first questions involved allegations GOP leaders bought off Tennessee Senator Bob Corker with a real estate provision: There's a lot more scrutiny of the bill, which was just released on Friday in these final hours. Including an article in the International Business Times,...
  • A "Terrified" Paul Krugman Wakes Each Morning in a "State of Existential Dread"

    10/14/2017 6:23:27 AM PDT · by rktman · 97 replies
    townhall.com ^ | 10/13/2017 | Timothy Meads
    New York Times Keynesian economics columnist Paul Krugman as has been having a hard time ever since Donald J. Trump was elected President in November 2016. However, the "conscience of liberalism" told Twitter today that he is "terrified" and suffering from a “state of existential dread.” Primarily because, as Krugman puts forth in a bizarre theory, Trump "enjoys seeing others hurt." Krugman believes the 45th President may soon be impeached or removed from office by the 25th amendment. Because of that, the President has nothing left to lose. "He can't save his presidency. He can, however, still hurt a lot...
  • A Guy Who Looks Like a Ferret Has Called Me a Terrible Person

    09/13/2017 12:14:01 PM PDT · by Kaslin · 31 replies
    Rush Limbaugh.com ^ | September 13, 2017 | Rush Limbaugh
    RUSH: Paul Krugman writes that I’m “a terrible person” in the New York Times because of the lies that they’re reporting I said about the hurricane not being a threat. This is the New York Times and the Washington Post are both lying. I mean, there’s no other way to describe it. There’s no other word. They’re not misspeaking; it’s not that they have it wrong. There’s no way they could not know they are publishing lies and they are continuing to do so. In fact, Krugman said, “Well, it just means that Limbaugh is a terrible person. But that’s...
  • NY Times Editorial Writer Will Proclaim Ignorance In Response To Palin’s Defamation Lawsuit

    08/10/2017 6:39:00 PM PDT · by Hojczyk · 22 replies
    Hotair ^ | August 10,2017 | John Sexton
    Let’s just step back and admire this situation for a moment. One or more editorial writers at the NY Times, the folks who speak with the paper’s voice of authority on every subject you can imagine, will plead with a judge to believe they did not know the basic facts of a story they were writing about, including facts reported in their own paper! The Times’ defense is: We so dumb. I find this indescribably delicious, especially given that it was Paul Krugman who used his perch at the NY Times to lead this false charge against Palin back in...
  • Who Ate Republicans’ Brains?

    08/01/2017 12:16:53 PM PDT · by Oldeconomybuyer · 30 replies
    New York Times ^ | July 31, 2017 | by Paul Krugman
    When the tweeter-in-chief castigated Senate Republicans as “total quitters” for failing to repeal the Affordable Care Act, he couldn’t have been more wrong. In fact, they showed zombie-like relentlessness in their determination to take health care away from millions of Americans. So where did this zombie horde come from? Who ate Republicans’ brains? When they finally got their chance at repeal, the contrast between what they had promised and their actual proposals produced widespread and justified public revulsion. Given this history, the Republican health care disaster was entirely predictable. You can’t expect good or even coherent policy proposals from a...
  • Lib Economists Screwed the Public with Bad Pre-Election Predictions

    06/20/2017 8:39:23 PM PDT · by impetrio1 · 1 replies
    Black & Blonde Media ^ | 6/20/17 | Black & Blonde Media
    They're held to the highest esteem of the media and the Democrat left. Their words are must-reads in the classrooms and coffee shops. The problem is their hatred of Donald Trump didn't cost their reputations because as long as they continue to disparage the president, they'll still be called back to give their opinions on cable news and retain their standing in academia. The problem is many Americans listened to them and lost their shirts.
  • Judas, Tax Cuts and the Great Betrayal

    05/12/2017 6:58:33 AM PDT · by Oldeconomybuyer · 6 replies
    [the failing] New York Times ^ | May 12, 2017 | by Paul Krugman
    The denarius, ancient Rome’s silver coin, was supposedly the daily wage of a manual worker. If so, the tax cuts that the richest 1 percent of Americans will receive if the Affordable Care Act is repealed — tax cuts that are, obviously, the real reason for repeal — would amount to the equivalent of around 500 pieces of silver each year. What inspired this calculation? The spectacle of Mitch McConnell, the Senate majority leader, and Paul Ryan, the speaker of the House, defending Donald Trump’s firing of James Comey. Everyone understands that Mr. Comey was fired not because of his...
  • Paul Krugman: Calling Trump An Illegitimate President Is An Act Of Patriotism

    01/17/2017 7:09:55 AM PST · by Kaslin · 74 replies
    Townhall.com ^ | January 17, 2017 | Matt Vespa
    You know with all the rising temperatures caused by Rep. John Lewis’ (D-GA) remarks about President-elect Donald Trump not being a legitimate president, we forgot about liberal economist and Nobel laureate Paul Krugman who first said that Trump’s win was illegitimate. Now, Krugman says that calling Trump an illegitimate president is a form of patriotism (via NYT [emphasis mine]: Now Mr. Lewis says that he won’t attend the inauguration of Donald Trump, whom he regards as an illegitimate president. As you might expect, this statement provoked a hysterical, slanderous reaction from the president-elect – who, of course, got his start in...