I can't help but giggle a little anytime I read anything by Krugman these days.
Sing it like sesame street:
one of these things
doesn't belong here
one of these things
just isn't the same
(1) common sense, (2) logic, (3) Krugman, (4) keen powers of observation....
Quote:
|
here’s the thing: the G.O.P. looked as crazy 10 or 15 years ago as it does now. That didn’t stop Republicans from taking control of both Congress and the White House. And they could return to power if the Democrats stumble.
|
Anyone other than Paul Krugman, that is anyone with enough brain capacity to fog a mirror, might make a connection between the GOP looking 'crazy' 10 or 15 years ago and winning both Congress and the Whitehouse. The GOP opposed the mammoth expansion of federal power and this opposition appealed to lot's of people and therefore they made a lot of political headway....it's not too hard of a concept to understand unless a person is Keynesian and therefore accustomed to being unable to understand fairly obvious things.
Krugman, can't quite fathom why acting 'crazy' didn't stop them from winning a bunch of elections, surely (he must think) it was because Clinton didn't spend big enough or because he got a bj in the oval office or something....anyhoo....
Quote:
|
President Obama is being called a “socialist” who seeks to destroy capitalism. Why? Because he wants to raise the tax rate on the highest-income Americans back to, um, about 10 percentage points less than it was for most of the Reagan administration. Bizarre.
|
Horsecrap, and I was saying, Krugman is either a liar or a idiot but the two possibilities aren't mtually exclusive.
The Obamunist is being called a socialist because of the nationalization of industry and finance and the great extent to which his administration is obviously determined to micro-manage the economy, not because any isolated increase in marginal tax rates on a handful of people. This is a classic strawman logical fallacy -- a nobel prize winning economist can hardly be excused for making such an elementary mistake and therefore it's not unreasonable to surmise that he is being deliberately deceptive.....
....but in the case of Krugman, I'm willing to concede the possibility that he is just that stupid.