Reply With QuoteDarla (05-02-2012)
I've been looking for you . . .
JPP Contributor
Paul Krugman doing an question and answer over at reddit right now
I know a lot of you are in total love with him
http://www.reddit.com/r/IAmA/comment..._and_new_york/
What you just read is a serious comment
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Darla (05-02-2012)
Originally Posted by Capt Billy the Kid
I'm sick of following my dreams. I'm just going to ask them where they're going, and hook up with them later.
I've been looking for you . . .
JPP Contributor
tom your post doesn't even make sense in this context.
What you just read is a serious comment
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Just watched Charlie Rose talking with Krugman a while ago.
Krugman is pretty smart on economics, he howevwer did not see what was coming till it was upon us.
The Dude (05-02-2012)
OMG I love Krugman. I still see his face whenever I watch porn!!
"It [the draft] is duty rather than slavery. I part with the author on the caviler idea that individual freedom (whatever that may be to the person) leads to nirvana, anyone older that 12 knows that is BS."
-Midcan5 (liberals on freedom)
"Allow me to masturbate my patriotism furiously and publicly at this opportunity."
-Ib1yysguy (liberals on honoring fallen soldiers)
"There is no 'equal opportunity' today unless the government makes it so."
-apple0154 (liberals on constitutionalism)
China Apologist (05-02-2012), Damocles (05-02-2012), The Dude (05-02-2012)
He was also an adviser to Enron.
He also has a very bad habit of letting his partisan nature trump his economic background. Which is why he now espouses the same old failed warped Keynesian view that so many left wing nuts run around chanting in their 'spend spend spend' theory of what it takes to solve massive debt problems.
Quote from Cypress:
"Scientists don't use "averages". Maybe armchair supertools on message boards ascribe some meaning to "averages" between two random data points. And maybe clueless amatuers "draw a straight line" through two random end data points to define a "trend". Experts don't.
They use mean annual and five year means in trend analysis. Don't tell me I have to explain the difference to you. "
The Dude (05-02-2012)
LOL
China Apologist (05-02-2012)
LOL Total projection.
Rana (05-02-2012)
Your problem is that you think Krugman is trying to solve a debt problem. He isn't, because debt isn't really the problem right now. The problem is global economic stagnation and trying to "solve" the "debt problem" through austerity, in addition to not actually solving the debt problem, makes the economic stagnation problem considerably worse.
The debt is the problem, that is the point you don't seem to grasp. Tell us, how much interest per year do we now pay on the $15 Trillion of national debt? All you are doing with more debt is pushing the problem into the future. You want future generations to pay for our 'entitlements'. That is the warped view of Keynes that you and Krugman share. That is what continually gets us deeper in the red.
Quote from Cypress:
"Scientists don't use "averages". Maybe armchair supertools on message boards ascribe some meaning to "averages" between two random data points. And maybe clueless amatuers "draw a straight line" through two random end data points to define a "trend". Experts don't.
They use mean annual and five year means in trend analysis. Don't tell me I have to explain the difference to you. "
Krugman couldn't get a job outside of a socialist university system.
Chris: I volunteered. I dropped out of college, told 'em I wanted the infantry, combat, Vietnam.
Crawford: You volunteered for this shit, man?
C Believe that?
K You's a crazy fucker, giving up college?
C Didn't make much sense, I wasn't learning anything
k Oh, I see, what we got here is a crusader.
C Sounds like it.
K Shiiit, you gotta be rich in the first place to think like that. Ever'body know, the poor are always being fucked over by the rich. Always have, always will.
Nicotine Deprived...
JPP Staff
Whazzup Topper? How's retirement?
Excellence is an art won by training and habituation. We do not act rightly because we have virtue or excellence, but rather we have those because we have acted rightly. We are what we repeatedly do. Excellence, then, is not an act but a habit.
- -- Aristotle
Believe nothing on the faith of traditions, even though they have been held in honor for many generations and in diverse places. Do not believe a thing because many people speak of it. Do not believe on the faith of the sages of the past. Do not believe what you yourself have imagined, persuading yourself that a God inspires you. Believe nothing on the sole authority of your masters and priests. After examination, believe what you yourself have tested and found to be reasonable, and conform your conduct thereto.
- -- The Buddha
Retirement is the hizzle, wife set up a Carona tapping beach house week and I'm well on my way to my goal of burning a pound of tree in year one.
Crawford: You volunteered for this shit, man?
C Believe that?
K You's a crazy fucker, giving up college?
C Didn't make much sense, I wasn't learning anything
k Oh, I see, what we got here is a crusader.
C Sounds like it.
K Shiiit, you gotta be rich in the first place to think like that. Ever'body know, the poor are always being fucked over by the rich. Always have, always will.
Debt is not the problem today. The problem today is low aggregate demand and the attendant unemployment and low economic growth. Solve those problems and the debt problem is considerably lessened through economic growth and increased government revenues. While you have to take on more debt to achieve this, with a strong economy you are in a better position to deal with the long-term debt problem.
Through the policies that you support, debt gets worse, the economy gets worse and unemployment gets worse. Nothing gets better, unless your goal is simply to dramatically reduce the marginal welfare state that we have already, which I suspect is really the goal for all of this austerity nonsense. Keynesian policies put us in a better position to deal with the long-term debt problem. Austerity policies don't, unless your solution is to eliminate the social safety net entirely.
Also, too. As a supporter of the Bush tax cuts, you really have no ground to stand on when talking about wanting future generations to pay for our entitlements. I was happy with the Clinton era rates and wouldn't mind if they came back. It's people like you that think the best time for a tax cut is always that don't want to pay for our entitlements, not people like me.
Economic activity will mimic stagflation as Obama crushes mitzy, and continues the socialist attack on capitalism!
Crawford: You volunteered for this shit, man?
C Believe that?
K You's a crazy fucker, giving up college?
C Didn't make much sense, I wasn't learning anything
k Oh, I see, what we got here is a crusader.
C Sounds like it.
K Shiiit, you gotta be rich in the first place to think like that. Ever'body know, the poor are always being fucked over by the rich. Always have, always will.
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