Speaking of Fantasy. Let's look at Debacle for some great Krugman proclamations:
"Consider, for example, the prediction Krugman made the day Obama signed the original stimulus bill into law: I am still guessing that we peak out at around 9% [unemployment] and that would be late this year [2009]." Furthermore, Krugman declared that double-digit unemployment was not the most likely event. As Norquist and Lott note, unemployment hit 10.1% and remained above 9% two years after Krugman predicted it would peak."
OR
"As Norquist and Lott reveal, Krugmans claims rely on a slippery game of sleight of hand; Krugman cherry-picks the only year when total government spending dropped, which was from 2009 to 2010, and even then, it was still much higher than just a couple of years earlier. In point of fact, note the authors, government spending has grown 12 percent since 2008 and 20 percent since 2007."
AND DON'T FORGET
"Krugman also thought that the 9/11 attacks could even do some economic good by stimulating the economy because all of a sudden, we need some new office buildings and rebuilding will generate at least some increase in business spending. Unfortunately, this is the cornerstone of Obamas Stimulus program. The examples also highlight how inconsistently these arguments are used by the president and his defenders. The 9/11 attacks or natural disasters in the United States were supposedly beneficial for the U.S. economy because they increase spending, but the earthquake in Japan was detrimental."
Please see link to Debacle quotes at:
http://www.breitbart.com/Big-Government/2012/04/06/Norquist-Lott-Eviscerate-NYTs-Paul-Krugman
If Klugman is anti Ryan, that’s a plus for Ryan.
When you excerpt something, can you at least give us a complete sentence?
Krugman is a “very clubable man”.
It’s amazing how smarmy a guy batting 0% can be.