Good News! It's Krugman Monday!

then why did the republicans SCREAM for austerity for the last few years?


Because they will support OUT RIGHT STUPID for a power grab
Republicans only cared about fiscal responsibility when the public got tired of them spending our money like drunken sailers and got voted out of office. Now they have the religion of austerity. I wonder if Republicans can spell "No Credibility!"
 
Yes, Paul Krugman is my true love and I am angry at Darla for trying to take him from me. I mean how can you not love this guy?


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Skidmark is going to be really pissed at you two.
 
I think this country is learning to not hire the baby sitter who says all kids are evil and need to be killed.


When you profess to hate something why would anyone want you to run it?
 
I don't know what you'd call it. Can you have a crush on someone you can't imagine sleeping with? I feel the same way about KO. I love him and think he hilarious and brilliant, but I can't imagine...I just don't see it. So I don't know. Cawacko what do you think? Are there any women you have crushes on and think you love but don't want to have sex with?

Yes in the sense someone seems to have an innocence about them and I don't want anyone to touch her, myself included. I can't think of an example off the top of my head but I've haed that feeling before.
 
How is Krugman a failure? He essentially a Keynesian. An economic system that has been proven to work. You know the fact that Keyensian economics is categorized as far left liberalism and socialism is fairly indicitive of just how far to the extreme right conservatives have gone.

Which proves that you don't understand Keynesian economic theory. Keynes works, as does supply side, IF they are implemented properly. But we never get Keynes. We get the 'spend more in down years' half and then in the good times rather than cut spending back down we instead 'spend even more'.

Today's version of Keynesian theory is far left, because it isn't actually Keynes. It is the warped version of Keynes that people like Krugman continue to spew forth as gospel. Idiots fall for it every time.
 
And look what happened economically in the '70's. That disproved Keynesian economics right there.
No it didn't. The stagflation of the 1970's was a direct result of the 1970's oil shocks (arab oil embargo and OPEC raising prices) which severly impacted commodities markets, particularly energy causing and inflationary spiral and by Nixons idiotic wage and price controls. Nixon may have talked like a Keynesian but he sure didin't walk the talk.
 
why does yours fail everywhere it brings the stupid ideas to the forefront?

Capitalism and free markets have done pretty well in my eyes. Since you consider them a failure I'm not sure what economic theory you are promoting. Nice answer on Oakland by the way.
 
Really? And how is that Dr. Mott?
Cause no one is saying that. Keynesians economic theory believes that deficit spedning is appropriate during severe recession or depression, not at all times for as much as you want with no concerns for the affects. That's a classical strawman argument.
 
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