Posted on 07/16/2015 4:58:29 AM PDT by SeekAndFind
Krugman is for a single-payer health care system and argues that socialist health care systems provide better health outcomes at cheaper cost around the world. My response was that third-party payer systems in education and health care are what's driving up costs and that health care premiums paid by families are rising way faster than Obama predicted. Where are the $2,500 in family savings?
Medicare is apparently the glittering success story of government, yet it's running unfunded liabilities in the tens of trillions of dollars.
Krugman was lamest in explaining the migration of a thousand people a day from blue states to red. Blue states follow Krugman's advice with higher tax rates, costly welfare programs, forced union laws and tort systems that reward trial lawyers over people and businesses. He did concede that land-use restrictions in blue states were deterring development.
His response to the far superior economic performance of Texas and Florida over California and New York, for example, was to argue that the migration is due to air conditioning. Most of the audience howled at that one, but he wasn't joking. Apparently people are moving from San Diego to Houston for the weather.
At the end of the debate we were asked what three policies would be best for promoting prosperity in America. I argued for school choice, personal accounts for Social Security and a flat tax. He argued for more power to unions to reduce income inequality. He wants to give more power to unions that have bankrupted the steel industry, the auto industry, the states, localities, public school systems and all of Europe. This is a remedy?
(Excerpt) Read more at news.investors.com ...
The fact that Krugman is a moron ain’t news.
RE: The fact that Krugman is a moron ain’t news.
Let’s remind ourselves that he won a Nobel Prize in Economics.
The Klown won a Peace prize. Novels just ain’t what they once were.
Like proto-Keynesians everywhere, the answer is we haven’t done enough of what they advocate to achieve the Nirvana they promise at the end of the rainbow.
The other answer, of course, is 42.
In the world in which we live “42” is making more sense all the time...
Power to the people = Baltimore
The five real Nobel Prizes — physics, chemistry, literature, peace, and medicine/physiology — were set up in Nobel's will when he died in 1895.
The economics prize was created by Sweden’s Central Bank in 1969, nearly 75 years later. The award’s real name is the “Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.” It was not established by Nobel, but - supposedly - in memory of Nobel.
It's a prize created by central bankers. It's no surprise that trillion-dollar Krugman would win it! We should start calling it the "Swedish Award for Best Money Printer"!
We have a twenty something new grad from Nebraska in our sales department. He is so indoctrinated by higher learning. According to him, if you have letters after your name you are perceived as brilliant. He offered this krugman as an example of how wonderful the obummer administration is. A degree from what use to be a decent university means very little. Deductive reasoning is lost on this new generation of “educated idiots”.
Can we assume you schooled the young fool using facts?
——Let’s remind ourselves that he won a Nobel Prize in Economics.——
The left loves to trot that tidbit out as if it’s meaningful and the end of his credibility issue.
The truth be told his Nobel prize has very little to do with the economy in general and his paper that he won the prize with is a very small area of economics...
“Can we assume you schooled the young fool using facts?”.
I tried, when it gets down to showing specific examples of this failed regime he responded with,”well, I didn’t vote for him, but I have friends who did”.
Yea, right. Just like the good German folks who put the Nazi’s in power. After the war when asked how they could have voted for Hitler, most of them denied ever doing it. “It wasn’t me” is the lamest defense offered by these useful idiots.
Nobel Peace Prize lost all credibility when Yassar “that’s my baby” Arafat - the godfather of modern islamic terrorism - won the prize.
Kind of makes me glad I never went to college. Of course,back when I was “college age”,it may have been education more so than indoctrination. It seems like an outright criminal offense what some of these “institutions of higher learning”are doing nowadays & not being prosecuted for. Based on what I hear & read,I think I had a better education then by just having graduated from high school compared to what colleges are offering now.
“Let’s remind ourselves that he won a Nobel Prize in Economics.”
But not for anything remotely related to what he writes about in his NYT column and elsewhere.
The Nobel prizes -- for peace as well as for many of the other award areas -- have for the most part become politically influenced and have lost so much of their former esteem. Too bad.
Well you’ve missed out on a degree in wymens studdies, psychology, community organizing and a whole long list of paper degrees that can get you a job in government fleecing.
Krugman was lamest in explaining the migration of a thousand people a day from blue states to red. Blue states follow Krugman's advice with higher tax rates, costly welfare programs, forced union laws and tort systems that reward trial lawyers over people and businesses. He did concede that land-use restrictions in blue states were deterring development. His response to the far superior economic performance of Texas and Florida over California and New York, for example, was to argue that the migration is due to air conditioning. Most of the audience howled at that one, but he wasn't joking. Apparently people are moving from San Diego to Houston for the weather.
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