Keyword: krugman

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  • Paul Krugman: Calling Trump An Illegitimate President Is An Act Of Patriotism

    01/17/2017 7:09:55 AM PST · by Kaslin · 74 replies
    Townhall.com ^ | January 17, 2017 | Matt Vespa
    You know with all the rising temperatures caused by Rep. John Lewis’ (D-GA) remarks about President-elect Donald Trump not being a legitimate president, we forgot about liberal economist and Nobel laureate Paul Krugman who first said that Trump’s win was illegitimate. Now, Krugman says that calling Trump an illegitimate president is a form of patriotism (via NYT [emphasis mine]: Now Mr. Lewis says that he won’t attend the inauguration of Donald Trump, whom he regards as an illegitimate president. As you might expect, this statement provoked a hysterical, slanderous reaction from the president-elect – who, of course, got his start in...
  • KRUGMAN: The US Is In 'Deeper And More Treacherous Waters Than Even The Pessimists Are Saying'

    01/06/2017 5:59:33 PM PST · by blam · 61 replies
    Business Insider ^ | 1-6-2017 | Bob Bryan
    Bob BryanJanuary 6, 2017 Paul Krugman is at a loss about the future of the Trump presidency, but he's not hopeful. The Nobel-winning economist and New York Times columnist is concerned about possible connections between the president-elect and Russia. "We are, I'd argue, in much deeper and more treacherous waters than even the pessimists are saying," Krugman tweeted Friday. The election of Trump is tainted, Krugman said, because of the FBI's announcement weeks before Election Day regarding its reopened investigation into Hillary Clinton's email server, and because of the Russian hacking of the Democratic National Committee and Clinton campaign chair...
  • And the trade war came

    12/26/2016 5:20:04 PM PST · by artichokegrower · 35 replies
    Santa Cruz Sentinel ^ | 12/26/16 | Paul Krugman
    Donald Trump got within striking distance of the White House or, more precisely, Comey-and-Putin range thanks to overwhelming support from white working-class voters. These voters trusted his promise to bring back good manufacturing jobs while disbelieving his much more credible promise to take away their health care. They have a rude shock coming.
  • Krugman Tweets Trump Might Have Incentives to Allow 9/11-Style Attack on Country

    12/16/2016 2:39:24 PM PST · by ColdOne · 71 replies
    freebeacon.com ^ | 12/16/16 | David Rutz
    Liberal New York Times columnist Paul Krugman suggested Friday that President-elect Donald Trump could have an incentive to allow or launch a 9/11-style attack on the United States once in office. Krugman wrote that President George W. Bush came into office with questions surrounding his legitimacy that were dispelled by the Sept. 11 terrorist attacks. Krugman surmised that gave Trump interesting incentives.
  • Krugman: Trump has incentive to allow a terrorist attack

    12/16/2016 4:58:28 PM PST · by Kaslin · 32 replies
    Hot Air.com ^ | December 16, 2016 | JOHN SEXTON
    Conspiracy theorist Paul Krugman speculated on Twitter Friday that President-elect Trump has an incentive to allow a major terror attack in the United States: Thought: There was (rightly) a cloud of illegitimacy over Bush, dispelled (wrongly) by 9/11. Creates some interesting incentives for Trump— Paul Krugman (@paulkrugman) December 16, 2016 It’s not hard to unpack this. Bush was elected in 2000 by the narrowest of margins. Less than a year later we had the worst terror attack on U.S. soil in our history. The attack caused the public to rally around President Bush. So, if President-elect Trump wanted a similar...
  • NYT's Krugman Goes On The Warpath, Says Trump's Win Was 'Illegitimate'

    12/14/2016 3:41:04 PM PST · by Kaslin · 97 replies
    Townhall.com ^ | December 14, 2016 | Matt Vespa
    Nobel laureate and unabashed liberal Paul Krugman went on the warpath in an op-ed in The New York Times, where he declared that Donald Trump’s win was illegitimate, that hackers working for the Russians interfered on behalf of Trump, and that he’s pretty much a Russian plant (the Siberian candidate), who doesn’t deserve any deference because this election was tainted (via NYT): So this was a tainted election. It was not, as far as we can tell, stolen in the sense that votes were counted wrong, and the result won’t be overturned. But the result was nonetheless illegitimate in...
  • Seduced and Betrayed by Donald Trump [lying scum putz Krugman]

    12/02/2016 6:07:52 PM PST · by AndyJackson · 93 replies
    NY TImes - Opinion ^ | Dec 2, 2016 | Paul Krugman
    The white working class is about to be betrayed by Trump just like the students at Trump University.
  • Paul Krugman: The Economic Fallout

    11/13/2016 5:43:43 AM PST · by detective · 41 replies
    New York Times ^ | November 9, 2016 | Paul Krugman
    It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover? Frankly, I find it hard to care much, even though this is my specialty. The disaster for America and the world has so many aspects that the economic ramifications are way down my list of things to fear. Still, I guess people want an answer: If the question is when markets will recover, a first-pass answer is never.
  • Paul Krugman: FBI 'rigged' election

    11/08/2016 8:02:45 AM PST · by ColdOne · 34 replies
    washintonexaminer.com ^ | 11/7/16 | Eddie Scarry
    Liberal New York Times columnist Paul Krugman accused the FBI and its director, James Comey, of fixing the election in favor of Republican Donald Trump. In an op-ed published Monday morning, Krugman echoed a familiar line from Trump, who regularly says the election is "rigged" against outsider candidates, but he said it's Democrat Hillary Clinton who has the disadvantage. "The election was rigged by James Comey, the director of the F.B.I. His job is to police crime but instead he used his position to spread innuendo and influence the election," he wrote. "Was he deliberately putting a thumb on...
  • Paul Krugmans Latest Clinton Defense Reaches New Low

    09/07/2016 12:30:22 PM PDT · by detective · 10 replies
    The Observer ^ | 09/07/16 | Michael Sainato
    In the wake of embarrassing emails released via Freedom of Information Act (FOIA) requests and an even more embarrassing FBI report, Hillary Clinton supporters have responded angrily toward any concerns raised by these new releases. An elitist dribble of condescension masquerading as a pro-Clinton Op-Ed written by economist Paul Krugman was an inevitable reaction to this negative publicity. This Hillary or else mentality was aggressively advocated by Krugman in Clintons first presidential campaign against Obama and even more so throughout the 2016 Democratic primaries. Krugman perpetuated the Bernie Bros smear campaign by alleging on several occasions that Sanders support stemmed...
  • Paul Krugman's Bubble

    07/28/2016 7:43:17 AM PDT · by oblomov · 15 replies
    Paul Krugman is confused. He cant figure out why Americans are so gloomy that they might vote for Donald Trump in November. From the columnists perch at the New York Times, things in America seem A-okay: If you want to feel good about the state of America, you could do a lot worse than what I did this morning: take a run in Riverside Park. There are people of all ages, and, yes, all races exercising, strolling hand in hand, playing with their dogs, kicking soccer balls and throwing Frisbees. There are a few homeless people, but the overall atmosphere...
  • Feel the Math

    05/30/2016 9:42:36 PM PDT · by Trump20162020 · 15 replies
    The New York Times ^ | May 30, 2016 | Paul Krugman
    Now, Im not a political scientist or polling expert, nor do I even try to play one on TV. But I am fairly numerate, and I assiduously follow real experts like The Timess Nate Cohn. And theyve taught me some basic rules that I keep seeing violated. First, at a certain point you have to stop reporting about the race for a partys nomination as if its mainly about narrative and momentum. That may be true at an early stage, when candidates are competing for credibility and dollars. Eventually, however, it all becomes a simple, concrete matter of delegate counts....
  • Paul Krugman Begs Liberals To Stop Bashing ObamaCare

    02/07/2016 2:33:44 AM PST · by Libloather · 8 replies
    Investors ^ | 2/05/16 | JOHN MERLINE
    New York Times columnist Paul Krugman is a bit apoplectic that the left, which has always wanted single-payer health care, is still pushing for single-payer health care. "Why," he frets, "do we hear not just conservatives but also many progressives trashing President Obama's biggest policy achievement?" He goes on to say, "A lot of what I hear from the left is not so much a complaint about how the reform falls short as outrage that private insurers get to play any role. The idea seems to be that any role for the profit motive taints the whole effort." Krugman says...
  • Krugman: Climate Change Will Kill Us All, and Republicans Will Be Responsible

    12/06/2015 9:14:08 PM PST · by Impala64ssa · 67 replies
    Daily Wire ^ | 12/5/15 | Aaron Bandler
    ew York Times columnist Paul Krugman produced another doozy of column on Friday in which he warns that climate change will result in armaggedon and it will be fault of those dastardly Republicans. The opening paragraph of Krugman's column predicts, "Future historians — if there are any future historians — will almost surely say that the most important thing happening in the world during December 2015 was the climate talks in Paris. True, nothing agreed to in Paris will be enough, by itself, to solve the problem of global warming. But the talks could mark a turning point, the beginning...
  • Trump Is Right on Economics

    09/07/2015 11:42:54 AM PDT · by ScottWalkerForPresident2016 · 57 replies
    The New York Times ^ | 09/07/2015 | Paul Krugman
    So Jeb Bush is finally going after Donald Trump. Over the past couple of weeks the man who was supposed to be the front-runner has made a series of attacks on the man who is. Strange to say, however, Mr. Bush hasnt focused on whats truly vicious and absurd viciously absurd? about Mr. Trumps platform, his implicit racism and his insistence that he would somehow round up 11 million undocumented immigrants and remove them from our soil. Instead, Mr. Bush has chosen to attack Mr. Trump as a false conservative, a proposition that is supposedly demonstrated by his...
  • Paul The Brain Dead Krugman's Nobel Prize Winning Idea to spur Economic Growth

    08/24/2015 1:50:39 PM PDT · by Enlightened1 · 15 replies
    Youtube ^ | 08/24/15 | Paul Krugman
    Paul Krugman is so frustrated by the lack of support for another round of stimulus spending that he's now calling for a fake alien invasion of the United States to spur a World War II-style defense buildup.
  • Debt Is Good

    08/21/2015 2:08:03 PM PDT · by dynachrome · 41 replies
    NYT ^ | 8-21-15 | Paul Krugman
    <p>That is, theres a reasonable argument to be made that part of what ails the world economy right now is that governments arent deep enough in debt.</p>
  • Tea and Trumpism

    08/11/2015 2:31:05 PM PDT · by Sir Napsalot · 29 replies
    NY Times Opinion Pages ^ | 8-11-2015 | Paul Krugman
    Memo to pollsters: while Im having as much fun as everyone else watching the unsinkable Donald defy predictions of his assured collapse, what I really want to see at this point is a profile of his supporters. What characteristics predispose someone to like this guy, as opposed to accepting the establishment candidates? The reason Id like to see such a poll is that I suspect that both conservative and liberal pundits are still getting the Trump phenomenon wrong. And yes, thats the kind of statement hey, left and right both wrong! that I usually hate when other pundits...
  • Why Krugman Lies About Obamacare

    07/13/2015 3:59:14 AM PDT · by rootin tootin · 13 replies
    American Spectator ^ | 7/13/2015 | David Catron
    We have all known someone who, having paid an exorbitant sum for a car that seems to spend a lot of time in the shop, insists its the best automobile hes ever owned. Thats Paul Krugman where Obamacare is concerned. His psychological and professional investment in the perversely titled Affordable Care Act is such that he cannot bring himself to admit that he bought a lemon. And like the guy with the pricey car that keeps breaking down, his claims about the dysfunctional law are becoming so preposterous that they are literally provoking laughter when he makes them in public....
  • Krugman Proves Hes Super Smart By Doctoring A Chart (So It Agrees With Him)

    05/23/2015 7:59:25 AM PDT · by lowbridge · 7 replies
    dailycaller.com ^ | may 22, 2015 | Peter fricke
    Liberal economist Paul Krugman appears to have cherry-picked data to support his belief in the Federal Reserves ability to stabilize the economy. Ina recent columnresponding to another economist, Krugman included a chart purporting to show that central bank interest rates have a significant effect on long-term investments. Yet ina post for the Pragmatic Capitalism blog, entrepreneur and financial expert Cullen Roche asserts that Krugman decided to remove 20 years worth of data because it fit his argument better. And it appears to check out.
  • As a supporter of the Iraq War, if you knew then what you know now.

    05/18/2015 11:06:25 AM PDT · by Starman417 · 42 replies
    Flopping Aces ^ | 05-18-15 | Wordsmith
    Paul Krugman: Thanks to Jeb Bush, we may finally have the frank discussion of the Iraq invasion we should have had a decade ago. But many influential people not just Mr. Bush would prefer that we not have that discussion. Theres a palpable sense right now of the political and media elite trying to draw a line under the subject. Yes, the narrative goes, we now know that invading Iraq was a terrible mistake, and its about time that everyone admits it. Now lets move on. Well, lets not because thats a false narrative, and everyone who...
  • John Galt Hates Ben Bernanke

    04/25/2015 10:24:41 PM PDT · by nickcarraway · 4 replies
    New York Times ^ | APRIL 3, 2015 | Paul Krugman
    Ah: I see that there was a Twitter exchange among Brad DeLong, James Pethokoukis, and others over why Republicans dont acknowledge that Ben Bernanke helped the economy, and claim credit. Pethokoukis who presumably gets to talk to quite a few Republicans from his perch at AEI offers a fairly amazing explanation: B/c many view BB as enabling Obamas spending and artificially propping up debt-heavy economy in need of Mellon-esque liquidation Yep: that dastardly Bernanke was preventing us from having a financial crisis, curse him. Actually, theres a lot of evidence that this was an important part of the...
  • Math Is Hard For Obamacarians

    04/13/2015 3:34:33 AM PDT · by rootin tootin · 6 replies
    American Spectator ^ | 4/13/2015 | David Catron
    If you are masochistic enough to read the reporting of the legacy media on Obamacare, you will have noticed a spate of recent stories with titles like the following from CNBC: Health spending post-Obamacare seen $2.5 trillion lower. This headline is not only awkwardly worded. It is, like the article over which it appears, misleading. It misrepresents a new study from the left-leaning Urban Institute concerning projected health care spending in a way that suggests the nation has saved enormous amounts of money thanks to the Affordable Care Act. This is absurd, of course, but it highlights an underappreciated element...
  • When Leftwing Economists Gruber and Krugman Practiced Economics

    02/05/2015 7:37:45 AM PST · by Kaslin · 1 replies
    Townhall.com ^ | February 5, 2015 | Larry Elder
    resident Barack Obama, in his State of the Union speech, called for a minimum-wage hike and for government-mandated paid family and medical leave. "We are the only advanced country on Earth," said the President, "that doesn't guarantee paid sick leave or paid maternity leave to our workers." On the minimum wage, Obama issued this challenge: "And to everyone in this Congress who still refuses to raise the minimum wage, I say this: If you truly believe you could work full-time and support a family on less than $15,000 a year, try it. If not, vote to give millions of the...
  • Econ book acclaimed by left based on faulty premise, factual errors, study finds

    01/06/2015 4:27:38 PM PST · by Bob · 18 replies
    Fox News ^ | January 06, 2015 | Maxim Lott
    A book by a French economist who became a darling of 99 percenters and his lefty peers is riddled with errors, cherry-picked data and flawed premises, according to two new studies. Thomas Piketty's Capital in the 21st Century, which New York Times columnist and Nobel-prize winner Paul Krugman called the most important economics book of the year and maybe of the decade, calls for an 80 percent income tax to stop wealth inequality from increasing. The book earned its author an invitation to the White House to meet with Obama administration Treasury Secretary Jack Lew. ... ... The recent...
  • Paul Krugman: The Obama Recovery

    12/29/2014 7:16:21 AM PST · by SeekAndFind · 21 replies
    New York Times ^ | 12/29/2014 | Paul Krugman
    Suppose that for some reason you decided to start hitting yourself in the head, repeatedly, with a baseball bat. Youd feel pretty bad. Correspondingly, youd probably feel a lot better if and when you finally stopped. What would that improvement in your condition tell you? It certainly wouldnt imply that hitting yourself in the head was a good idea. It would, however, be an indication that the pain you were experiencing wasnt a reflection of anything fundamentally wrong with your health. Your head wasnt hurting because you were sick; it was hurting because you kept hitting it with that baseball...
  • Everything Liberals Have Told Us About Energy Is Wrong

    12/02/2014 12:13:19 PM PST · by george76 · 22 replies
    Federalist ^ | December 2, 2014 | David Harsanyi
    In a chilling 2010 column, Paul Krugman declared: peak oil has arrived. So its really not surprising that the national average for a gallon of gas has fallen to $2.77 this week in 10 states it was under $2.60 and analysts predict were going to dip below the two-dollar mark soon. U.S. oil is down to $75 a barrel, a drop of more than $30 from the 52-week high. Meanwhile, the Institute for Energy Research estimates that we have enough natural gas in the U.S. to meet electricity needs for around 575 years at current fuel demand and...
  • More on Jon Gruber

    11/14/2014 8:29:12 PM PST · by gusopol3 · 43 replies
    New York Times ^ | January 15, 2010 | Paul Krugman
    In fact, its hard to see who else you could have hired. Modeling health reform is a very detail-driven business: you need a detailed statistical representation of the population, together with detailed estimates of behavioral responses to incentives. Gruber has spent years developing such a model, which is maintained and update at considerable expense. Who else could bring the same resources to bear? Well, I guess the administration could have turned to the Lewin Group, but aside from the fact that Gruber has such sterling academic credentials, Lewin is owned by United Healthcare. In other words, Gruber is a real...
  • Paul Krugman's Defense of the Messiah

    10/23/2014 9:58:30 AM PDT · by Smedley · 9 replies
    Rolling Stone ^ | September 2014 | Paul Krugman
    When it comes to Barack Obama, I've always been out of sync. Back in 2008, when many liberals were wildly enthusiastic about his candidacy and his press was strongly favorable, I was skeptical. . . . Yes, Obama has a low approval rating compared with earlier presidents. But there are a number of reasons to believe that presidential approval doesn't mean the same thing that it used to ... . . . Am I damning with faint praise? Not at all. This is what a successful presidency looks like.
  • Paul Krugman: The GOP Wants to Pull Us Back to 1894

    09/08/2014 8:34:38 AM PDT · by Cheerio · 29 replies
    Townhall ^ | Sep 08, 2014 | Michael Schaus
    If you ever have the strange desire to watch a couple of liberals devolve into an intellectual wasteland of platitudes and hypocrisy, just mention Hobby Lobby. During a recent TV special with Senator Elizabeth Warren (D-Peoples Republic of Massachusetts), Paul Krugman waded into the realm of idiocy (it was a short trip for him) while discussing corporate personhood, and the GOPs desire to push us back to 1894. Of course, this raises a few questions: If corporations arent people, then why should we expect businesses to exercise economic patriotism in their tax dealings? I mean heck, I guess we shouldnt...
  • Is Paul Krugman Leaving Princeton In Quiet Disgrace?

    07/14/2014 11:37:01 AM PDT · by SeekAndFind · 34 replies
    Forbes ^ | 07/14/2014 | Ralph Benko
    Professor Paul Krugman is leaving Princeton. Is he leaving in disgrace? Not long, as these things go, before his departure was announced Krugman thoroughly was indicted and publicly eviscerated for intellectual dishonesty by Harvards Niall Ferguson in a hard-hitting three-part series in the Huffington Post, beginning here, and with a coda in Project Syndicate, all summarized at Forbes.com. Ferguson, on Krugman: Where I come from we do not fear bullies. We despise them. And we do so because we understand that what motivates their bullying is a deep sense of insecurity. Unfortunately for Krugtron the Invincible, his ultimate nightmare...
  • Krugman's Blind Eye to ObamaCare Failures

    07/15/2014 4:09:13 AM PDT · by IBD editorial writer · 7 replies
    Investor's Business Daily ^ | 07/15/2014 | IBD Staff
    Health Reform: Nobel Prize-winning economist Paul Krugman says critics of ObamaCare should cease and desist, because the law is "working." Given his track record on health care analysis, we'll politely ignore this advice. In 2011, the same Krugman declared the Veterans Health Administration was "a huge policy success story, which offers important lessons for future health reform" because, among other things, "it's free from the perverse incentives created when doctors and hospitals profit from expensive tests and procedures." It turns out the VHA is more akin to a cesspool of bloated bureaucracy, mismanagement, deadly delays and cover-ups. A couple years...
  • Paul Krugman: The Incompetence Dogma. So Much for Obamacare Not Working

    06/28/2014 11:29:34 AM PDT · by SeekAndFind · 62 replies
    New York Times ^ | 06/27/2014 | Paul Krugman
    Have you been following the news about Obamacare? The Affordable Care Act has receded from the front page, but information about how its going keeps coming in and almost all the news is good. Indeed, health reform has been on a roll ever since March, when it became clear that enrollment would surpass expectations despite the teething problems of the federal website. Whats interesting about this success story is that it has been accompanied at every step by cries of impending disaster. At this point, by my reckoning, the enemies of health reform are 0 for 6. That is,...
  • Flashback: Vouchers for Veterans [2011]

    05/22/2014 12:13:18 PM PDT · by lowbridge · 3 replies
    NYT ^ | November 13, 2011 | Paul Krugman
    Naturally, then, politicians Republicans in particular are determined to scrap what works and promote what doesnt. And that brings me to Mitt Romneys latest really bad idea, unveiled on Veterans Day: to partially privatize the Veterans Health Administration (V.H.A.). What Mr. Romney and everyone else should know is that the V.H.A. is a huge policy success story, which offers important lessons for future health reform. Many people still have an image of veterans health care based on the terrible state of the system two decades ago. Under the Clinton administration, however, the V.H.A. was overhauled, and achieved a...
  • Krugman: GOP has reached point of no return on climate

    05/17/2014 4:03:09 PM PDT · by Oldeconomybuyer · 111 replies
    Houston Chronicle ^ | May 16, 2014 | By Paul Krugman
    ... Think of it this way: Once upon a time it was possible to take climate change seriously while remaining a Republican in good standing. Today, listening to climate scientists gets you excommunicated - hence Rubio's statement, which was effectively a partisan pledge of allegiance. And truly crazy positions are becoming the norm. A decade ago, only the GOP's extremist fringe asserted that global warming was a hoax concocted by a vast global conspiracy of scientists (although even then that fringe included some powerful politicians). Today, such conspiracy theorizing is mainstream within the party, and rapidly becoming mandatory; witch hunts...
  • Inventing a Failure (He's talking about Obamacare)

    05/05/2014 12:57:09 PM PDT · by 2ndDivisionVet · 14 replies
    The New York Times ^ | May 4, 2014 | Paul Krugman
    Last week, House Republicans released a deliberately misleading report on the status of health reform, crudely rigging the numbers to sustain the illusion of failure in the face of unexpected success. Are you shocked? You arent, but you should be. Mainstream politicians didnt always try to advance their agenda through lies, damned lies and in this case bogus statistics. And the fact that this has become standard operating procedure for a major party bodes ill for Americas future. About that report: The really big policy news of 2014, at least so far, is the spectacular recovery of the...
  • Hell Freezes Over: Paul Krugman, Bill Kristol Agree That Cliven Bundys A Law-Breaking Jerk

    04/27/2014 12:32:33 PM PDT · by 2ndDivisionVet · 38 replies
    The Daily Caller ^ | April 27, 2014 | Brendan Bordelon
    Weekly Standard editor Bill Kristol and New York Times columnist Paul Krugman are undoubtedly on opposite sides of Americas political spectrum. But the conservative commentator and liberal economist came to a rare point of agreement on Sunday: regardless of his comments on race, Nevada rancher Cliven Bundys law-breaking stand against the federal government is inexcusable. Kristol and Krugman appeared on ABCs This Week to discuss Cliven Bundys racially insensitive comments published earlier this week. Once seen as a right-wing folk hero for his stand against the Bureau of Land Managements push to reclaim grazing fees he owed the Feds, Republican...
  • Krugman, Who Is Paid $25,000/Month To Study Inequality, Says "Nobody Wants Us To Become Cuba"

    04/17/2014 7:25:33 PM PDT · by Nachum · 10 replies
    zero hedge ^ | 4/17/14 | Tyler Durden
    When it comes to Krugman's views on any particular topic, he may be right and he may be wrong, but whatever his opinion he always has a much to say about it (even if the factual backing is of secondary importance or outright missing). Today, his chosen topic is inequality, and in an interview with Bloomberg's Tom Keene, shown and transcribed below, he certainly says much, encapsulated perhaps by the following gem: "There's zero evidence that the kind of extreme inequality that we have is good for economic growth. In fact, there's a lot of evidence that it is actually...
  • Rube Goldberg Survives (Obamacare's "Stunning" Comeback)

    04/03/2014 8:22:19 PM PDT · by 2ndDivisionVet · 18 replies
    The New York Times ^ | April 3, 2014 | Paul Krugman
    Holy seven million, Batman! The Affordable Care Act, a k a Obamacare, has made a stunning comeback from its shambolic start. As the March 31 deadline for 2014 coverage approached, there was a surge in applications at the exchanges the special insurance marketplaces the law set up. And the original target of seven million signups, widely dismissed as unattainable, has been surpassed. But what does it mean? That depends on whether you ask the laws opponents or its supporters. You see, the opponents think that it means a lot, while the laws supporters are being very cautious. And, in...
  • Making Fun of Keynesian Economics

    03/10/2014 5:51:24 AM PDT · by Kaslin · 11 replies
    Townhall.com ^ | March 10, 2014 | Daniel J. Mitchell
    <p>Its sometimes difficult to make fun of Keynesian economics. But this isnt because Keynesian theory is airtight.</p> <p>Its easy, after all, to mock a school of thought that is predicated on the notion that you can make yourself richer by taking money from your right pocket and putting it in your left pocket.</p>
  • Krugman to leave Princeton for CUNY

    02/28/2014 3:46:13 PM PST · by Olog-hai · 14 replies
    Politico ^ | 2/28/14 10:06 AM EST | Dylan Byers
    New York Times columnist Paul Krugman will retire from Princeton University in June 2015 and move to New York, he announced on Friday. [] Krugman credited the move to location and to his increased focus on public policy, specifically income equality
  • Demonization of ObamaCare Opponents Intensify

    02/26/2014 8:53:38 PM PST · by rightwingerpatriot · 8 replies
    Rightwingpatriot.com ^ | February 26, 2014 | Rightwingerpatriot
    As the dreadful effects of ObamaCare continue to pile up, the far left shows their true beliefs as they savagely go after any person who dares raise a criticism. We all know how "tolerant" liberals actually are, but they continue to sink to new lows as they intensify their war on those who are most vulnerable to the Affordable Care Act. From the floor of the US Senate to individual states, liberals are looking to bully the unprotected into silence. Our first case in point takes place in Michigan, where a Democrat candidate for US Senator is going after a...
  • The Tyranny and Lethargy of the Times Editorial Page

    02/05/2014 11:40:58 AM PST · by CreviceTool · 5 replies
    New York Observer ^ | February 4, 2014 | Ken Kurson
    ITS WELL KNOWN AMONG THE SMALL WORLD of people who pay attention to such things that the liberal-leaning reporters at The Wall Street Journal resent the conservative-leaning editorial page of The Wall Street Journal. Whats less well knownand about to break into the open, threatening the very fabric of the institutionis how deeply the liberal-leaning reporters at The New York Times resent the liberal-leaning editorial page of The New York Times.
  • You Should Read Paul Krugman On The Emerging-Market Turmoil

    02/02/2014 11:45:54 AM PST · by blam · 5 replies
    BI ^ | 2-2-2-14 | Joe Weisenthal
    You Should Read Paul Krugman On The Emerging-Market Turmoil Joe WeisenthalFebuarary 2, 2014 Paul Krugman weighed in this week on the turmoil in emerging markets. He connected the turmoil to weak economic performance in developed markets, and the mad rush by investors to seek return anywhere they can get it. What we're seeing now is the downside of that basically the argument is that Turkey (et al) are like subprime, and that they represented a search for returns in an economic environment that was very poor. Now that's blowing up.(snip)
  • Paul Krugman is Wrong About Jobs and Income Inequality: Inverting Cause and Effect

    01/30/2014 11:30:22 AM PST · by SeekAndFind · 12 replies
    FrontPage ^ | 01/30/2014 | Daniel Greenfield
    Looking forward to Obama’s State of the Union session, New York Times economic court jester Paul Krugman beats his usual drum about the importance of deficit spending (no, that’s not a joke, it’s what passes for liberal economic wisdom) and then tries to make a case for the left’s latest meme of “inequality” over jobs. The usual suspects on the right will, as always when questions of income distribution comes up, shriek “Class warfare!” But there will also be seemingly more sober voices arguing that he has picked the wrong target, that jobs, not inequality, should be at the top...
  • Krugman calls senators cancer story garbage

    01/29/2014 3:41:35 PM PST · by TurboZamboni · 43 replies
    daily caller ^ | 1-29-14 | Chuck Ross
    New York Times columnist and Nobel laureate economist Paul Krugman is questioning Oklahoma Republican Sen. Tom Coburns claim that Obamacare caused him to lose his cancer specialist. Its a garbage story, it really is, said Krugman in a back-and-forth with former House Speaker Newt Gingrich on CNN after the State of the Union on Tuesday. Coburn, who announced earlier this month that hell resign from office at the end of the year as he battles his fourth bout with cancer, told MSNBCs Morning Joe that his oncologist was no longer covered under his health care plan.
  • Paul Krugman: The Undeserving Rich (Here it comes!)

    01/20/2014 1:52:38 PM PST · by 2ndDivisionVet · 62 replies
    The New York Times ^ | January 19, 2014 | Paul Krugman
    The reality of rising American inequality is stark. Since the late 1970s real wages for the bottom half of the work force have stagnated or fallen, while the incomes of the top 1 percent have nearly quadrupled (and the incomes of the top 0.1 percent have risen even more). While we can and should have a serious debate about what to do about this situation, the simple fact American capitalism as currently constituted is undermining the foundations of middle-class society shouldnt be up for argument. But it is, of course. Partly this reflects Upton Sinclairs famous dictum: It...
  • Is California the Great Obamacare Success Story?

    11/25/2013 5:19:51 PM PST · by Nachum · 17 replies
    weekly standard ^ | 11/25/13 | JOHN MCCORMACK
    New York Times columnist Paul Krugman writes that Obamacare is a success in California, and the Golden State experience is proof that the entire program would be great if they could just get that darn website to work. Krugman's column doesn't discuss the quality or cost of the health plans offered on the California exchange at all. To make his case, Krugman cites precisely two pieces of data. First, he notes that "enrollment is surging. At this point, more than 10,000 applications are being completed per day, putting the state well on track to meet its overall targets for 2014...
  • Krugmans Adventures in Fairyland

    11/23/2013 2:06:22 PM PST · by BfloGuy · 9 replies
    The Mises Daily ^ | 11/23/2013 | William L. Anderson
    After studying and teaching Keynesian economics for 30 years, I conclude that the sophisticated Keynesians really do believe in magic and fairy dust. Lots of fairy dust. It may seem odd that this Austrian economist refers to fairies, but I got the term from Paul Krugman. According to Krugman, too many people place false hopes in what he calls the Confidence Fairy, a creature created as a retort to economist Robert Higgss concept of regime uncertainty. Higgs coined that expression in a 1997 paper on the Great Depression in which he claimed that uncertainty caused by the policies of Franklin...
  • Krugman: Those counting on Obamacare collapse are making a very bad bet

    11/20/2013 3:03:23 PM PST · by 2ndDivisionVet · 47 replies
    Salon ^ | November 20, 2013 | Elias Isquith, assistant editor
    Writing at his New York Times blog, Paul Krugman warned that those banking on Obamacare to collapse are probably making a very bad bet. As proof, Krugman points to the record of state-level healthcare exchanges, which by and large have been performing much better than their federal counterpart. He also cites the rising levels of Medicaid enrollment which is occurring in both states that have and havent accepted the Obamacare expansion and the slow improvement of Healthcare.gov as reasons for optimism. All in all, Krugman says, the law is probably going to stumble through to the finish line....