Krugman Battles Austerians

P

piezoe

Here from Bloomberg is a cute account of Krugman's criticism of the Swedish Central bank and What happened when they raised rates too quickly. Let that be a lesson well learned, it would seem. But scan to the right to see the outcome of Krugman's Battles with Jeffrey Sachs over, Chancellor of the Exchequer, George Osborne's policy decisions and German Economist Georg Erber and Council on Foreign Relations Economist, Benn Steil. :D

http://www.bloomberg.com/graphics/2015-krugman-battles-austerians/
 
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I don't think it can be put any better than Daniel Greenfield put it:

"Paul Krugman is to the Obama administration’s economic policy, what Lysenko was to Stalinist agriculture. Reading Krugman is an education in how socialist regimes rely on a court jester to give their unworkable and destructive policies the veneer of legitimacy."
 
we the people, the United States of America need to decide once and for all if we want our government run like a business, like Krugman advocates, in which case we need to be constantly taxing, investing and borrowing, or do we want it run more like FIFA, the NBA or MLB, where it is supposed to be just a governing body.
 
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Wasn't it Thomas Jefferson who said (and I paraphrase), "Eventually the government get's too powerful and you need a good old fashioned revolution to reset the table."?

The left wants to protest, and they even want to fight. They just have the wrong enemy. When they realize the real enemy is the government, then they will unite with the right and we will finally have the revolution we are looking for.
 
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