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Hey Paul Krugman MIT Called, They Want Their PHD Back
The Lid/NY Times ^ | 1/18/10 | The Lid

Posted on 01/18/2010 4:46:07 PM PST by Shellybenoit

If you didn't read Paul Krugman's Op-Ed in the NY Times yesterday, you missed a real treat, it has to be one of the top ten most idiotic things written by someone with a MIT PHD. Krugman used his superior intellect to analyze the source of Barack Obama's political problems. What did this PHD come up with? Was it that Obama's programs are unpopular? He is governing from the extreme left after running as a moderate? Concentrating on cap and trade and healthcare instead of the economy? Nope, the NY Times writer says the real source of Obama's political problems is that he didn't spend enough time blaming George Bush:

....I disagree. The Obama administration’s troubles are the result not of excessive ambition, but of policy and political misjudgments. The stimulus was too small; policy toward the banks wasn’t tough enough; and Mr. Obama didn’t do what Ronald Reagan, who also faced a poor economy early in his administration, did — namely, shelter himself from criticism with a narrative that placed the blame on previous administrations.

Obviously Krugman hasn't heard many of Obama's speeches. If I had a dollar for every time Obama blamed something of George Bush, I would be able to make a dent in the federal deficit (well maybe the deficit before Obama took office).

(Excerpt) Read more at yidwithlid.blogspot.com ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: bhoeconomy; blamebush; obama; paulkrugman

1 posted on 01/18/2010 4:46:08 PM PST by Shellybenoit
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To: Shellybenoit

you really cant make this stuff up .. they are their own worst enemy... keep it coming...


2 posted on 01/18/2010 4:52:01 PM PST by gibtx2 (keep up the good work I am out of work but post 20 a month to this out of WF Check)
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To: Shellybenoit

Yeah that’s what indies want. More finger pointing and blame shifing lol. Hmm this is the theme going around with the lib elite. Teddy Kennedy’s son was babbling the same line the other day. It’s good to hear because it indicates their compass is screwed up and will only lead them to further defeat.


3 posted on 01/18/2010 4:52:32 PM PST by Callahan
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To: Shellybenoit

Another case of having God given book sense but doesn’t have an ounce of common sense. Nobody listens to this hack.


4 posted on 01/18/2010 4:52:48 PM PST by usnavycdr
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To: Shellybenoit

Krugman’s skull is about 1-1/2 inches thick.


5 posted on 01/18/2010 4:57:06 PM PST by Brilliant
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To: Shellybenoit

I was reading your response with appriciation until yo got to the Reagan stuff and then I realized that that it is just more tripe and idiocy.


6 posted on 01/18/2010 4:57:28 PM PST by dirtymac (Now is the time for all good men to come to the aid of their country. Calling all Son's of Liberty)
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To: Shellybenoit
I was reading your response with appreciation until you got to the Reagan stuff and then I realized that that it is just more tripe and idiocy. (after spellcheck)
7 posted on 01/18/2010 4:58:28 PM PST by dirtymac (Now is the time for all good men to come to the aid of their country. Calling all Son's of Liberty)
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To: Shellybenoit

ROFLMAO!


8 posted on 01/18/2010 4:59:32 PM PST by cranked
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To: Shellybenoit

Sure, Krugman is an idiot as well...but:

“....I disagree. The Obama administration’s troubles are the result not of excessive ambition, but of policy and political misjudgments.”

Agree so far!

“The stimulus was too small;”

??? The stimulus is 2/3 UNSPENT! How can we tell if it was too large or too small if it hasn’t stimulated anything yet?!? Let’s not forget it was to be “timely, targeted and TEMPORARY”. Instead it’s a multi-year slush fund that’s been horribly misapplied so far.

The “stimulus” alone is enough to generate plenty of antipathy towards 0. What’s the cost been per job created? Over $100,000?

“policy toward the banks wasn’t tough enough;”

Um, yeah. Meaning the banks have had hundreds of billions in zero interest loans to do with whatever they please. Great job again, 0 and your cadre of “financial geniuses”.

“and Mr. Obama didn’t do what Ronald Reagan, who also faced a poor economy early in his administration, did — namely, shelter himself from criticism with a narrative that placed the blame on previous administrations.”

What the hey?!? Every time 0 opens his piehole he’s complaining about “the mistakes of the previous administration”. Trouble is, the most stupid things he’s done have all been his own idea. So, he will have to live with this pronouncement that “the buck stops here”.

In addition to all of the above, there’s the complete disconnect with America over both 0care and Cap’n’Tax. His continued pursuit of both of those government-designed white elephants is nothing short of monumentally stupid. So much for the “smartest President ever”!

All in all, 0 deserves every bit of pain he’s experiencing. He’ll be very lucky if it’s not much, much worse by the time he’s ousted in 2012. =:-D


9 posted on 01/18/2010 5:00:05 PM PST by PreciousLiberty (In theory, theory and practice are the same. In practice, they're not.)
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To: Shellybenoit

There are a collection of NYTimes that end up on the credenza in the lobby of our co-op each morning. I usually grab someone’s paper after I return from my morning run, and see if there is anything silly to get a laugh from, and today’s Krugman article lit up the score board.

Basically, his solution to too much Socialism is even more Socialism. Fantastic, the growing policy disaster is great for the GOP, but sadly, terrible for the USA. Would it were the reverse.

We don’t need Obama to prove Socialism is a disaster. For the past 65 years the rest of the world has been depending upon the USA to buy their output AND provide their defense, which we have been able to do because of our capitalist and democratic system, AND the fine spirit of the American People, and unfortunately, simultaneously subsidizing Eurpoe’s Socialist foolishness. IF we go Socialist, who then will retain the economic ability to buy their output and provide for their defense? Nobody. And, for that matter, who will buy our output and provide for our defense? Yup. Nobody.

You thought the first half of the 20th Century was pretty miserable? Wait and see how the first half of the 21st Century spools up.

MAYBE it’s not too late... just maybe... GO SCOTT BROWN! GO SCOTT BROWN!! GO SCOTT BROWN!!! GO SCOTT BROWN!!!!


10 posted on 01/18/2010 5:01:01 PM PST by lowtaxsmallgov (Low Tax Small Govt - we can do it! Donate to Scott Brown https://www.icontribute.us/scottbrown)
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To: Shellybenoit

NYT thinks someone would pay to read the Krugman?

Krugman. Overrated.


11 posted on 01/18/2010 5:05:26 PM PST by y6162 (uish..)
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To: Brilliant
Krugman’s skull is about 1-1/2 inches thick.

No! It's approximately 3 inches thick with a walnut sized brain!

12 posted on 01/18/2010 5:06:45 PM PST by Road Warrior ‘04 ( I'll miss President Bush greatly! Palin in 2012! The "other" Jim Thompson)
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To: Shellybenoit

Yeah, the One claimed he had all the answers as to how to fix this ailing country before he was elected. Now that none of his brilliant strategies have worked out, the only thing he has left is to blame Bush for all our problems


13 posted on 01/18/2010 5:28:32 PM PST by antidemoncrat
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To: Shellybenoit

Paul Krugman’s Nobel Prize for Economics is worth about as much as Obama’s -—

$1.98, or the melt value, whichever is greater.


14 posted on 01/18/2010 5:53:40 PM PST by Andy from Chapel Hill
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To: Brilliant

It meets in the middle!


15 posted on 01/18/2010 5:54:47 PM PST by snuffy smiff
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