Wonkette
All the libtards who watched Paul Krugman go cross-eyed with frustration on This Week yesterday as he tried to explain very simple economic terms and concepts to Sam Donaldson and Carly Fiorina may get a kick out of his column this morning. Clearly Paul just wandered off the set and in a fit of squirmy, nerdish pique typed out this thing declaring that anyone who says dumb things about the stimulus package is a lying fraud.
First, this:
Conservatives really, really don’t want to see a second New Deal, and they certainly don’t want to see government activism vindicated. So they are reaching for any stick they can find with which to beat proposals for increased government spending.
Then he runs through a bunch of crap, blah blah blah, and then:
These are only some of the fundamentally fraudulent antistimulus arguments out there. Basically, conservatives are throwing any objection they can think of against the Obama plan, hoping that something will stick.
Jesus, is anybody even editing these people’s columns at the NYT anymore? The lazy repetition of stick/stick, the same exact point made at beginning and end? Paul Krugman is as sloppy as a common BLOGGER. Anyway, the best part of his column is the airplane metaphor.
[W]rite off anyone who asserts that it’s always better to cut taxes than to increase government spending because taxpayers, not bureaucrats, are the best judges of how to spend their money.
Here’s how to think about this argument: it implies that we should shut down the air traffic control system. After all, that system is paid for with fees on air tickets — and surely it would be better to let the flying public keep its money rather than hand it over to government bureaucrats. If that would mean lots of midair collisions, hey, stuff happens.
Conclusion: Paul Krugman hates the living shit out of thankless Carly Fiorina, who should have perished in a plane crash years ago. What the hell is she doing on George Stephanopoulous’s show, anyway? Was failing at running a company and running John McCain’s campaign insufficiently humiliating?
Bad Faith Economics [New York Times]
I can simplify Paul’s argument on Tax Cuts vs Infrastructure spending.
Governments spend money on roads, sewers, bridges, parks, etc.
Taxpayers/Consumers spend money on TruckNutz.
Enough said.
“anyone who says dumb things about the stimulus package is a lying fraud” Also.
ManchuCandidate: Alternative simplification:
Krugster has a boner.
He seems very obsessed with fistal stimulus packages and sticks and huffing and puffing.
Also.
I’m not surprised that Carly doesn’t understand economics, but as any HP employee can attest to that.
If I were the Robert H. Smith School of Business and MIT Sloan School of Manjimint, I’d be asking for my degrees back from her.
Also.
Darehead: That’s spelled “boehner”.
http://thehill.com/leading-the-news/boehner-says-he-will-vote-no-on-stimulus-2009-01-25.html
J.B. likes it bareback.
I’m generally all for more taxes, more government spending, nationalization, etc etc but doesn’t it seem possible that a hugely indebted government is going to go off the cliff if it just keeps adding and adding to its debt?
Shorter Paul Krugman: “Cokie, go fuck yourself.”
Repukes will fight Keynesian economics tooth and nail simply because they know it will reduce the GOP base. It’s Party First, Country Never.
But here’s the thing: Most Americans aren’t listening. The most encouraging thing I’ve heard lately is Mr. Obama’s reported response to Republican objections to a spending-oriented economic plan: “I won.” Indeed he did — and he should disregard the huffing and puffing of those who lost.
Amen to that. I’m glad to see also that Krugman seems to be getting over the bitterness he feels over Hillary’s loss and is starting to realize that the GOP poses a much greater threat to our fiscal well being than any perceived weaknesses in Obama’s stimulus plan.
Hopefully Obama, too, will soon give up on the idea of bipartisanship and dump the carrots he held out for the GOP and craft the sort of stimulus plan that Democrats can feel proud of. Let’s face it: there’s nothing Obama could do that would mollify the GOP. They’ve been scheeming to sink this administration and get back in power the moment they lost the 2008 elections in spectacular fashion. I predict that regardless of what the final bill looks like, the GOP is going to bitch and moan about how “socialistic” it is and it will pass on a near party-line vote. Now’s the time to steam-roller the GOP, not coddle them.
So yeah, John Boehner, you guys lost and the good guys won. Go suck on an egg for a while.
Careful now — Krugman is a Nobel Laureate®, like, uh….Henry Kissinger! Or Milton Friedman! So everything he says must be true.
That is all. Go forth and stimulate.
Carly Fiorina is on a talk show?
Oh good lord, that’s like asking Dame Edna to host a quiet little gathering…
Nobel prize winner still in the tank.
Haha, editing. At a newspaper? You’d need a Nobel prize-winning editor to correct Krugman’s prose.
The haters got Krugged!
Serolf Divad: win, ditto-ditto, also.
Time to pull a reverse Reagan: no more spoons full of sugar. The Repubsnots are only interested in continuing the Pecks Bad Boy behavior. Break out the castor oil and send them to bed without their cake.
I’m with the Paul(K)tards on this one.
There is no correlation between tax cuts and economic growth. Ain’t there. Never happened.
4tehlulz: in Hawaii, cause that’s not really in America.
I wish Paul Krugman would marry me. I bet he makes a wonderful borscht.
kapish:
That’s just it. The past 8 years have been a laboratory for Republican/Supply-side economic policies. If the Bushies left us with lots of debt but a booming economy that would be one thing. If they’d left us with a shaky economy but sharply reduced national debt, that would be another. But to leave us with a doubling of the national debt and teetering on the edge of a world depression… well, fuck. There’s no excuse for the GOP’s brand of thinking about economic policy. It’s a fucking economic suicide cult, that’s what it is.
I’m not convinced this stimulus thing will do jack shit for the economy long-term but at least it will fix Michigan’s third world roads. Kind of sad that the government can only perform basic functions (like fixing roads) when the rest of the economy is floating in Larry Craig’s airport toilet.
it’s this Krugman that left so many on the right flabberghasted when he was announced the winner of the Prize in Economic Science in Honor of Alfred Nobel, or whatever the full title is called. His academic work and “new trade theory” concept is far less, …ummm passionate.
I’m condensing a conversation I had with a friend who owns a small business.
Me: Our governor wants to reduce unemployment by giving businesses a tax break.
Business Owner: Great!
Me: So if you get this tax break are you going to hire more people?
Business Owner: No, I don’t need any more people. But I’ll make more money.
Me: You buying the beer?
So, the Fed shot its bolt in anticipation of his stimulus package?
Monsieur Grumpe: But the bridge will probably collapse when he goes to buy the beer.
slavojzizek: Err, dude, more taxes is how you solve that particular problem.
Can someone put this New Left Baby Boomer turd out of his misery? I thought for sure that HRC’s crushing defeat would shut him up.
Man, the Krug is one angry hobbit this morning!
Serolf Divad: You forget that the evil Democrats held the reigns of power for the last two years and prevented Bush from enacting the deregulation and tax cuts that would have saved the economy. This is exactly what they whined about during the recession at the beginning of Clinton’s term, and it’s already being dusted off.
SayItWithWookies:
Hell, they’re even blaming Bill Clinton (which is bad news for them, as it shows their demogragphic has been pretty much reduced to the over 50 age group).
ManchuCandidate: Since I am about to buy a TruckNutz franchise I vote for tax cuts which will mean I will get rich selling TruckNutz.
Underneath Paul Krugman’s beard is another fist.
I always thought that the air traffic control system was an unnecessary intrusion in the Free Market. Air traffic control should be privatized, like trucknutz.
Aurelio: Privatized and outsourced, to UAE, Honduras or North Korea.
Aurelio:
Let the free market work things out. Consumers will naturally gravitate to those airlines with the least number of fiery mid-air collisions in a year.
I have a feeling that most working men and women (or those who would like to be working) have a hard time concentrating on the Sunday morning chat shows–or at least remembering much about them– when the Monday headlines include:
Caterpillar says to cut 20,000 jobs
Home Depot to cut 7,000 jobs, close Expo chain
SprintNextel to cut up to 8,000 jobs
Economic forecasters see more job cuts ahead
I love it when he gets fiesty.
Serolf Divad: WTF. Clinton was the best president the Repugs have had since Coolidege. Bill signed the Taxpayer Relief Act of 1997 (lowering capital gains taxes and giving the rich a bigger break on estate taxes), NAFTA, and legislation repealing the New Deal’s Smoot-Hawley Act. He provided budget surpluses and …., as Noonie would say, at least he kept us safe.
I like how with Krugman it’s either hardcore laissez-faire or complete socialism (teh winnar in his book, apparently). Has he not seen the epic cinematographic achievement that is “Tropic Thunder?” You never go full retard (in either direction).
Serolf Divad: SayItWithWookies: …this whole attempt to pacify the right is not only pointless but also a waste of valuable time. If Barack Obama hasn’t realized this yet, then he is in some deep shyt. Like you guys said, no matter what he chooses to do they are going to try and hang a great big “FAIL!” sign around his neck. There is room for bi-partisanship only when the other side is working in good faith alongside you. And in this case everything the Rethuglicans are doing is a thinly veiled attempt at sabotage. I say bend them over and fukk them up the azz(no-lube), the same way they have been doing the American public for the past 8 years!!!
Aurelio: I can land my own plane, I don’t need some pushy little man telling me to level off!
donner_froh: Eaton Corp. of Cleveland is laying off another 3400 on top of the 5200 jobs it shed in 2008. But, under the Republican Stimulus Plan, those laid off will be able to enjoy a tax cut on their non-existent income.
donner_froh: You missed “ING Group to cut 7000 jobs”.
Let me tell you what that stinking troll Krugman’s opinions are worth: jack-dookie. If smugness won Oscars, he’d be getting the Irving Thalberg award. Basically if you have money and you’re not a Jew, he thinks there’s something wrong with that. I saw him in my building where I sometimes work and security was giving his “handler” shit about letting him upstairs. I didn’t hear everything but it sounded like they were making up shit about how he was supposed to appear on CNBC or some such shit. As if. He’s an attention seeking whore who’s only alliance is with Holocaust survivors who want to ram their disgusting guilt trip down our throats at every opportunity. And get this, he DOESN’T EVEN PRAY TO CHRIST! Not even on Christmas. He’s foul, loathsome, smelly, unworthy, undignified, unhip, boring, discomfiting, slightly overweight, alright genuinely overweight, droopy eyed and fugly and I hate him.
Now, what was it he said again?
AngryBlakGuy: Ditto. If the Obama stimulus package fails, the Repugs will claim that the failure was due to insufficient tax cuts & due to reliance on wasteful spending. If it succeeds, it will be due to tax cuts and despite wasteful spending. So, fuck ‘em.
actor212: I have no doubt that you can land your own plane, but what do you do about the 747 that is trying to land on the same runway at the same time? A little jet wash for you and your free market religion….
Mr Blifil: Dude, are you OK?
AngryBlakGuy:
Wouldn’t most of the *cough*closeted*cough* Republicans like that?
Serolf Divad: Consumers who don’t gravitate towards safer airlines will gravitate in another direction, mostly down.
AngryBlakGuy:
Agreed. Little do Repukes know that, thanks to YouTube, Obama’s transparency is simply exposing them to the voters every time they refuse to cooperate. “Look into the camera…” “File it with the others.”
LeftCoastBlue: 747 in the vicinity? Sidewinder wing mounts. It’s in the 4th Amendment.
BadKitty: That’s what happens when I get linked to Drudge.
Mr Blifil: Hey, nice warm up. Now retype it in all caps, take it over to Free Republic and see if they appoint you Senator, or RNC or something. Should be able to get it by close of business today.
LeftCoastBlue: Hey, I don’t care! Let those bastards buy their own planes instead of paying someone else to do it for them! Whatever happened to the individualist spirit of America? The “can-do” attitude! Fuck the 747s with their fancy “pilots” and their “flight attendants”! They’re all UNIONIZED and shit!
Me, I’m buying two big pieces of cardboard and taping them to my arms. HA! Let the fucking tower grow moss while I’ll come in on runway 4 left, hot!
Serolf Divad: If we let the free market sort out air traffic problems, then pretty soon all the airlines will be arming their planes with sidewinder missles to eliminate any potential incursions into their flight path. Can you imagine the Holidays? It will be like the Battle of Britain with widebodies.
It’s always nice to see someone lose their mind when they move from a world where truth, facts, figures, and concepts have meaning to the world of TV where sounding confident and saying something that sounds like the conventional wisdom is the key. Krugman is going to shoot so many people when he climbs up that clock tower with his rifle.
http://thesebastards.blogspot.com/
Me, I’m buying two big pieces of cardboard and taping them to my arms. Goddam right. Exercise some individual initiative. And fuck air traffic control. Everyone should just get their own compass.
Aurelio: Compass? Bush pointed out that radar tracking is obsolete with the advent of GPS. So just give everyone an iPhone and be done with it. For me, I’m planning to strap roman candles to my back and voila! Jetpack!
Cape Clod: Can you imagine the Holidays? It will be like the Battle of Britain with widebodies.
Double Win. And the button is retired for the day.
V572625694: All future mentions of any Nobel Prize* must be astericized(?), referring reader or listener to the fact that comedian Henry the K owns one as well.
Aurelio: Compass?
Commie Liberal! Use the moss on the trees, if you need to know what fucking north is…
bitchincamaro: all hail bitchincamaro’s html skillz!
woohoooooo.
LittlePig: Agreed. Why exactly is Obama talking about tax cuts? And why is his treasury secretary spoiling for a fight with our Chinese overlords?
Monsieur Grumpe: That’s basically the same one I had with a friend who asked, “Why not just give every American $ 50K, mandate that they spend it in good old U.S. of A. within 6 months?”
I’m still thinking of an answer, but I own no Nobelz.
Thegreatbacon: And his tears cure economic downturns.
Carly Fiorina is on tv now as a talking head because she fits the main requirement for being one- an awesome capacity for being wrong and screwing everything up.
Serolf Divad: If the Republicans had their way, we’d give tax-breaks for people who want to buy insurance for when they fly airlines with a propensity to crash.
When these economist guys get an award it pretty much means they have said everything they are going to say, and it’s all downhill. Remember Alan Greenspan, once he became Sir Alan of Greenspan KBE, Knight Commander of the Bubble Empire, he should have been put out to pasture. Swedland giving Krugster the nobel is just a sign that he should not be paid attention to. BTW, what movie did he make to win that? Why even give these people a prize, it just encourages them, they never take the hint an go into hiding.
Funny thing in either case or the pubs and crats:
In a jam? Spend more money.
Whatever happened to cutting the fat and reeduchumacating people?
It’s still corporate America, where’s my $1 a day gov’t superiors?
I am in favor of the Middle Path, on which we outsource the air traffic control at O’Hare to a firm in Mumbai. That is the sound of one hand clapping — for the last time.
Let us all take a minute to thank dubya bush for proving beyond any shadow of a doubt that Reagonomics is a total, dismal failure. Thanks to Reagonomics under dubya, the economy short circuited and went into meltdown mode.
“[W]rite off anyone who asserts that it’s always better to cut taxes than to increase government spending because taxpayers, not bureaucrats, are the best judges of how to spend their money.”
It’s not that I think that the government is super-efficient or great at balancing budgets, but I wouldn’t exactly vouch for the spending-saving habits of the average American taxpayer, either.
lawrenceofthedesert: There’s also the Faith Based approach to Air Traffic Control which is a belief that you don’t actually need air traffic controllers if you just place all of your flying needs in Jesus.
slavojzizek: Where were you when Bush was exploding the deficit? 80 percent of the current national debt came from Reagan, Bush 1 and Bush 2?
slavojzizek: You betcha. Spending = bad. Taxcuts = good. That’s how you get out of debt. You cut off the revenue stream.
medici: I think it was a daft old miner in ‘49 who figured out all about Supply Side. He’d take his gleanings from the bottom of his sluice at the end of the day and go back upside and pour it into the top of it. They asked him why he did that, and he’d say, why, I recover 120% of it at the bottom every blessed day!
kapish: The theme of Supply Side was that you increase tax revenue by cutting taxes! They actually say that! Although it has never happened, and, what’s more, no reputable economist, even Laffer, will say so without Laffing. Not even McGoon’s own boy during his campaign. Nobody. It’s nothing but a Repub talking point. Nothing phases ‘em, not even the huge deficits ballooning during the Raygun era.
Bowdoin: I thought the point of Supply Side economics was the Trickle Down theory, mainly that if you give a bunch of tax breaks to rich people, they will then go out and spend their new money on more luxury items, thus creating more jobs for people who work at country clubs, build yachts, or be nannies
“All the libtards who watched Paul Krugman go cross-eyed with frustration on This Week yesterday as he tried to explain very simple economic terms and concepts to Sam Donaldson and Carly Fiorina may get a kick out of his column this morning.”
Well… I’m not sure what a ‘libtard’ is supposed to be, but I know exactly what a societal retard is;
It’s a lesson I’ve learned quite well during the last 25 to 30 years after watching George Will, Sam Donaldson, & a myriad of other zealots ( or ‘Vulcans’ ) transform America into the nation of societal retardation whby spark and fuel the abuse trust give credibility 1st
I need the economic equivalent of Stephen Hawking to explain all this to me in an Oprah-anointed bestseller called “A Brief History of How Screwed You Are No Matter What You Do.” I will trade my one hobo bean for this book.
actor212: No, you’re the commie enviro-terrorist–moss on trees indeed. If you were a real Amurican, then all you’d need is Jesus as your co-pilot.
“All the libtards who watched Paul Krugman go cross-eyed with frustration on This Week yesterday as he tried to explain very simple economic terms and concepts to Sam Donaldson and Carly Fiorina may get a kick out of his column this morning.”
Un hun.
I’m not sure just what a ‘libtard’ is supposed to be, but I do know exactly what a societal retard is; That’s a lesson I’ve learned quite well courtesy of the modern conservative movement during the last 25 to 30 years while watching a plethora of pundits like George Will use his voice to give the arguments of fanatics like John Boehner credibility. Poor Ms. Smith, it appears, didn’t learn the same lesson and instead has fallen victim to a severe case of societal retardation; Somehow she chooses to blast Paul Krugman in all of this?!? And as I read the comments I see that a depressing number of other poor socially retarded souls have also chosen to attack Krugman (?!?) for his showing on This Week / his Bad Faith Economics Op-Ed column as well?!? Hmmm…
Okay: Listen up, my mentally handicapped buffoons; Wipe away that drool from the corners of your mouth and take your hands out of your Depends. No giggling or talking about the Special Olympics until we finish learning about this and everyone gets a Blue’s Clue cookie for developmentally disabled adults. Yay! Now everyone watch the clip of This Week with Paul Krugman again; there’s a couple of witches named Carly & Cokie but they lost all their credibility & you can ignore them as they shouldn’t be on this show. They’re hideous but don’t be scared! C’mon, let’s keep on watching!
That crazy, dis-credited, conservative man George Will is in the background at the panel table but ignore him all you special, silly societal retards! Hey- what does DIS-CREDITED mean? It means Mr. Krugman has SMOKED HIS CONSERVATIVE ASS in one debate after another the two have had while on the panel of This Week and Will now knows to keep his mouth shut in front of Daddy Krugman! But look- look at that funny man wearing a wig- Sam Donaldson! Sinister Ms. Smith said Daddy Krugman was frustrated and angry because of stupid wig wearing Sam Donaldson; Look close my drooling band of socially deranged dithering dolts!
Why- It’s MR. DONALDSON who looks flummoxed- first person to figure out what flummoxed means wins a Blue’s Clue cookie! Who knows what journalistic fraudulence means? First person to get that right wins a BOX of Blue’s Clues cookies for themselves and one to give to the handicapped little girl who wrote this attempt at a column!
You tell Sara Smith that she is a societal retard, a journalistic fraudster, and that her attempts at writing a column are as sloppy as a common BLOGGER!!!
Trusting Donaldson, George Will, JOHN BOEHNER??? over Paul Krugman; Silly-drooling-disabled-dummies!
Carly Fiorina is sexist. I will never forgive her for caliming that Sarah Palin wasn’t fit to run dumb Hewlett Packard. Granted, Carly’s judgments were based on the performance of the last female CEO of HP, but still…
TheIdeologicalDyslexic: Wow. Do you have any idea where you are posting? Take a breath, look around. Do you notice maybe a hint of sarcasm here? Maybe a touch of irony there?
Go lie down and take a nap, or take your condescension and CAPS over to redstate or something where you’ll have more fun.
TheIdeologicalDyslexic: Oh, and eat a giant bag of dicks while you’re at it. Nobody talks to our SKS like that.
Serolf Divad: Impossible, because no snoopy socialist government bureaucracy will exist to make the statistics public. I mean “public.”
TheIdeologicalDyslexic: Dude, I’m actually down with Krugman myself, but you are asking for a whole lotta trouble talking about SKS like that. As Internally valid: said, you better wash your mouth out with a big of dicks. And thank baby jeebus your comment came very late in the day so maybe no one else will read it and verbally knock the TruckNutz™ off your face.
bitchincamaro: Because if you give every American $50K, businesses and corporations all over the country will suddenly raise prices within that 6 month period, because of the sudden influx of money *that must be spent*. You won’t get the best rates or prices, but you’ll get cars and houses suddenly not going down in price as the market demands, big screen tvs that aren’t as competitive in prices even though the backlog of merchandise is overblotted, etc. I ain’t got no Nobel either, but these past few years have shown me the nice fun joy of American corporate and banker greed run amok — and corporations will try to take as much of that $50K per American windfall as they can… And how exactly does that $50K put your kids through college a year from now? How can you invest that into something reasonable, for the future, when most investments right now are in the toilet? And from the dumb consumer perspective, why pay off debt, when you’ve got only 6 months to get tech goodies that you’ve always been wanting? $50K per person sounds awesome — I would love it! — but people and businesses are more, uh, how do I say this nicely, uh, complicated…
Paul Krugman kicked the shit outta Bill Kristol, who is going now barely employed.
Whoznext?