Growing Despair Infects Krugman
Paul Krugman clearly appears over the deep end.
What should be done about the economy? Republicans claim to have the answer: slash spending and cut taxes. What they hope voters won’t notice is that that’s precisely the policy we’ve been following the past couple of years. Never mind the Democrat in the White House; for all practical purposes, this is already the economic policy of Republican dreams.
Whaaaaa? And his evidence for this is… well, he just assumes you agree with this, so he proceeds to move to his next point that Obama has tried to make things right, but the GOP, who controls only the House, somehow manages to prevent this.
He has this precisely backward, of course. The GOP has introduced a wide range of proposals, but it is the President and Senate who refuse to cooperate. He knows this, of course, but the real source of his problem is in the third paragraph:
For some reason, however, neither the press nor Mr. Obama’s political team has done a very good job of exposing the [GOP] con.
Ah, now you get it: David Axelrod is botching up what should be a slam-dunk win for Obama, as many liberal Democrats see it, and clearly he is missing this grand opportunity to capitalize on it. Of course, Krugman is no more an economist at this point than Dionne or ODowd are Catholics: they have gone so far to one side that they have completely turned sideways.
Krugman doubles down on this ridiculous argument by repeating the now thoroughly debunked claimsby the President himselfthat he is the new Calvin Coolidge of government spending. Suffice it to say, this now almost worth a laugh. Fortunately, very few folks outside of a narrow pool on the East Coast take Krugman seriously at this point, and openly political tirades about the Obama campaign refusing to run on claims laughed out of the press a week ago (well, Krugman has been so busy, you now?) will only cement this intellectual collapse.
Божію Поспѣшествующею Милостію Мы, Дима Грозный Императоръ и Самодержецъ Всероссiйскiй, цѣсарь Московскiй. The Czar was born in the steppes of Russia in 1267, and was cheated out of total control of all Russia upon the death of Boris Mikhailovich, who replaced Alexander Yaroslav Nevsky in 1263. However, in 1283, our Czar was passed over due to a clerical error and the rule of all Russia went to his second cousin Daniil (Даниил Александрович), whom Czar still resents. As a half-hearted apology, the Czar was awarded control over Muscovy, inconveniently located 5,000 miles away just outside Chicago. He now spends his time seething about this and writing about other stuff that bothers him.