More insanity from Krugman

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#1 Thu, Jun 23, 2011 - 12:07pm
davefess
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Eagle River, WI
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More insanity from Krugman

https://www.economicpolicyjournal.com/2011/06/krugman-on-keynesian-economics.html

"Keynesian economics have pulled through with flying colors"

Um is the world not collapsing under a mountain of debt? Why do these fools even have a platform anymore?

Maybe because of moronic statements like this-

Every $1 of EDA investment is expected to attract $7 in private sector investment - saving and creating thousands and thousands of good jobs- Senator Barbara Boxer

Or this

“for every one dollar placed in unemployment insurance, two dollars are placed back into the economy.”- Rep. Nancy Pelosi

Edited by: davefess on Nov 8, 2014 - 5:06am
Thu, Jun 23, 2011 - 1:29pm
Violent Rhetoric
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I personally have saved or

I personally have saved or created 2 million jobs myself.

Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded — here and there, now and then — are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right-thinking people. Whenever this tiny minority is kept from creating, or (as sometimes happens) is driven out of a society, the people then slip back into abject poverty. This is known as “bad luck.” ~ Robert Heinlein