
WE’RE HOLDING OUT FOR “CLUELESS”
From Is Paul Krugman Heartless, Clueless or Confused (Pick Only One)?
Paul Krugman reserved July 4 for what must be a deliberate deception, Punishing the Jobless, on the issue of extending unemployment benefits, which recently failed to pass the Senate.
Krugman blames Republicans, whom he terms “heartless”:
By the heartless, I mean Republicans who have made the cynical calculation that blocking anything President Obama tries to do — including, or perhaps especially, anything that might alleviate the nation’s economic pain — improves their chances in the midterm elections.
The only problem is that Krugman ignores that Republicans were in favor of extending benefits by taking the money from elsewhere in the budget, including unused stimulus funds. It was the Democrats who balked at this solution, insisting on running up more debt. So the entire premise of Krugman calling Republicans heartless amounts to nothing more than a fiscal policy dispute. Why aren’t Democrats heartless for not going along with the Republican proposal?
The author above, Prof. William Jacobson, Legal Insurrection, gives us the perfect name for a future Paul Krugman firm–if Krugman ever decides to leave the isolated, provincial backwater of the New York Times:
Krugman, Heartless, Clueless & Confused
However, Krugman’s failed economic policies, if adopted, would lead to the founding of another, bigger firm: One that mankind has been represented by for most of recorded history, other than the residents lucky enough to live in the United States for the last 234 years.
Solitary, Poor, Nasty, Brutish, and Short
Paul Krugman’s economics have always been influenced by his politics; both of which, fortunately, are increasingly irrelevant to any serious discussions of the future.
Idea from Is Paul Krugman Heartless, Clueless or Confused (Pick Only One)?
by Mondo FRazier
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