Excellent!
He says over and over:
1) History has proved that increasing demand by government spending will ‘get us out of the recession’
2) Until private Businesses are ready to hire the government musthire because people are suffering.
Compare #1 and #2. #1 is saying that he has the cure which is :government. But in #2 he is saying that it is just a pain killer and it is businesses responsibility to fix the recession.
He is saying he was right about everything, of course he is usually wrong.
All his economic theories just happen to align with his liberal social justice goals, every one.
Krugman is admitting that he knows that Obama wont get his stimulus idea into law but says he should run on it anyway to win re-election, Does this sound like an economist to you?
Liberals and MSM show how hishonest they are passing this liberal activist off as someone who knows something, he's just another lib.
“Only liberals would be surprised when they produce more failure by rewarding people for failing.”
The whole process of de programming the ‘habit of success’ and the goal of ‘personal achievement’ is begun in the grade schools.
Mediocrity is the goal ... NOT excellence.
Young people are encouraged to ‘fit in’ at all costs... THAT is more important than achievement and the fulfillment of potential! It seems excellence is nearly anathema.
If you deny your own capabilities or diminish your own potential to better ‘fit in’ with your classmates, then you have abandoned the hope of success.
This carries over into adult life. People then begin their working careers with the deck stacked against them.
These same people scream themselves red in the face alleging the ‘rich’ exploit them and deny them their place and ‘share’ in the American dream!!
It is THE great lie at the heart of Liberalism! Of course, there is no lie so greedily gobbled up by the ‘people’ than the lie that they are being exploited, disserved and cheated, etc. !!!
V O I L A!!
Liberals achieve a self-perpetuating, doggedly immoveable and fiercely loyal base of voters who may be (and routinely ARE) manipulated on the basis of this extremely crude and internecine dynamic.
It is practically a functioning definition of treason, in anybody’s language.
Excellent, succinct analysis written in plain language. Bravo.
Pity so few will bother to heed your words rather than listen to the likes of Krugeman, 0bama et. al.
To expound on the schools issue — entire schools have turned themselves over to “social justice” issues, vilifying the “1%”, screaming about the “rich not paying their fair share” — and that America is an inherently unfair, racist, sexist, homophobic country.
And I mean the entire K-University curriculum!! There are no competitions any longer in case “someone gets his feelings hurt” — feelings trump real world experience nevermind the entire world is about competition — we compete for college admissions, jobs, promotions — well, unless the government intervenes via Affirmative Action and preferences and quotas.
Krugman and government are looked upon as the great saviors and equalizers — this is what children learn in the schools — also that their is no shame in collecting life-long government benefits, especially if you are a minority because the government “owes” you for past indiscretions.
There is no shame in demanding what others have earned for oneself, and obviously this not sustainable.
Perfect! Concise and true.
It’s always a good time to review the fundamentals.
I would add #8 that the human brain simply is not wired to think that way.
Hence the repeated and failed attempts to reprogram it in order to create New Socialist Man, New Soviet Man, New Sandinista Man, etc. etc. etc.
Free market Socialism conjures up visions of Frankenstein putting a monster together, only the socialist parts are parasites, and the object of the experiment was very much alive when it began. ...For decades it was argued that Keynesian welfarism played a symbiotic role with Capitalism and Democracy, placating the poor masses. And that argument assumed that Welfarism would always play a fringe role, but like all parasites, it has grown and multiplied until it is killing the host. Sane people look at the problem and realize the parasite needs to shrink and maybe die, so the host can survive. The left looks at this as an opportunity to kill the host, allowing the parasite to become their monster. Just look at Greece and France, at Obama and Occupy thugs. The host has become the enemy, or maybe it always was.