Posted on 09/27/2010 9:29:23 AM PDT by SeekAndFind
For more than a year, the bearded man consuming a shrimp salad at an Upper West Side cafe has been a prophet of doom, warning that the economy could slide into a "third depression" unless our leaders come to their senses and follow his advice.
"I felt like a really lonely voice," says Paul Krugman, an unknotted blue tie draped around his neck. "It's been really frustrating." But he keeps hammering away, demanding action in one New York Times column after another, hoping "to establish a counter-narrative against what everyone else is saying."
The 57-year-old commentator feels vindicated after predicting that the economy would skid into the gutter unless the president pushed through a far bigger stimulus package. And not just in financial forecasting terms: A hero on the left during his years of Bush-bashing, Krugman alienated some of his fans with his early criticism of Barack Obama. "It was maddening," says his wife, Robin Wells, being chastised by "your friends, people you'd been locked in arms with for years."
Now much of the left has come around to the Krugman assessment that Obama is a timid leader too willing to play nice with the Republicans. The president may have sought his advice at an off-the-record dinner, but Krugman proclaims that "when we really need him to take a strong stand, he's halfhearted."
In his writing, Krugman is by turns scolding and scathing, passionate and pedantic. He has the academic cred -- his Princeton professorship -- and a Nobel Prize to boot. In person, Krugman is several shades warmer, grousing about jet lag and delays in renovating the $1.7 million co-op he recently bought on Riverside Drive. "He's very sweet," says fellow Times columnist Gail Collins. "I've never heard him yell or get teed off at somebody."
(Excerpt) Read more at washingtonpost.com ...
“a far bigger stimulus package”
We must, we must
We must increase our bust!
The bigger the better
The tighter the sweater
The better the boys will like us!
That Krugman won a Noble Prize is just another indication of what a joke the Noble award has become
LLS
Nobel Prizes, Heisman Trophies, nothing to brag about.
Gee, I wish GWB and Cheney were available to share their opinion of THIS NYT “reporter.
How can a rational man agree with this statement in any fashion? Only a Maoist or a hard-core Stalinist could believe it.
It is sort of like claiming Communism would never had collapsed in East Germany if they had only built a higher and better defended wall.
Krugman is an incempentent buffoon. Obama did exactly what he suggested and now the economy has worsened. No country has even spent themselves into prosperity in history. Not a single one; but dont tell that to fools like Krugman.
After the last couple of years, We the People, are more interested in practical experienced than theoretical pontification.
It goes back to whom do you want to perform critical brain surgery - a highly experienced practicing surgeon or a medical researcher with not operating room experience?
He probably believe that communism hasn’t failed because it’s never been tried.
RE: Obama did exactly what he suggested and now the economy has worsened
Actually Krugman’s complaint is that Obama DID NOT DO ENOUGH STIMULUS.
Krugman is a JournOlist member...nuff said.
I’ll say it again...to me, watching The Krugster’s melt-down is far and away the big silver lining in our current situation.
All that education and he still can't tell cause apart from effect.
Yea right the problem is the government hasn’t spent enough....idiot!!!
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