NYT “Economist” Paul Krugman Calls For Space Aliens To Attack Earth Requiring Massive Defense Spending To Stimulate Economy…
Keynesian humor.
PAUL KRUGMAN, NEW YORK TIMES: Think about World War II, right? That was actually negative social product spending, and yet it brought us out.
I mean, probably because you want to put these things together, if we say, “Look, we could use some inflation.” Ken and I are both saying that, which is, of course, anathema to a lot of people in Washington but is, in fact, what fhe basic logic says.
It’s very hard to get inflation in a depressed economy. But if you had a program of government spending plus an expansionary policy by the Fed, you could get that. So, if you think about using all of these things together, you could accomplish, you know, a great deal.
If we discovered that, you know, space aliens were planning to attack and we needed a massive buildup to counter the space alien threat and really inflation and budget deficits took secondary place to that, this slump would be over in 18 months. And then if we discovered, oops, we made a mistake, there aren’t any aliens, we’d be better —
ROGOFF: And we need Orson Welles, is what you’re saying.
KRUGMAN: No, there was a “Twilight Zone” episode like this in which scientists fake an alien threat in order to achieve world peace. Well, this time, we don’t need it, we need it in order to get some fiscal stimulus.
Via Newsbusters
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They really are out of ideas.
No comment.
nah…
WTF is he even talking about?
I’m now convinced these people are so devoid of common sense and real sense, this is the only thing they could really do to make some sort of living.
They couldn’t cut in the real world, so they get a Phd, and not an engineering one which are useful, they get in ecnomonics theory, spout off some esoteric crap, and then get paid to come on some shows and call nonsensical crap.
*talk, not call
Hey Paul, did you forget your Meds today ?
Last time I checked, wars break things and requires money to fix them, nothing is gained. If however the money was used to purchase capital (K), and investments, that would help produce wealth which can then be additional taxable revenue.
I’m just shaking my head…..almost speechless after reading that.
“negative social product spending” ?? Is how he describes World War II? Social product spending… How’s that ‘positive social product spending’ working out for ya over in England right about now? Eh, Krugman?
These are the most asinine, cold blooded people in the world. We’re all just pawns, animals, to be herded and pastured and then herded again.
Perhaps someone should get Krugman a set of toy soldiers and let him go play in the toilet like most toddlers inevitably do.
Correct me if I’m wrong but,
wasn’t the Soviet Union paying people to dig ditches just to fill them in
just before they collapsed?
“there was a “Twilight Zone” episode like this in which scientists fake an alien threat in order to achieve world peace”
————
Isn’t that what the whole Global Warming scam was all about?
Didn’t we already do the manufactured crisis………over and over again?
.
“But if you had a program of government spending plus an expansionary policy by the Fed” says Krugman.
Gee Krugman, I thought that’s what we just had… And its delightful benefits are evident for everyone to see… And now you want to kick in some Jimmy Carter…….inflation.
Obama supporters urged to “watch the skies” for the alien threat! Most of them are stupid enough to fall for it.
One of the biggest problems with psychosis is the fact that even if patients recognize that they have a problem, their attempts at self-medication or behavior modification invariably make the problem worse.
“Hello, my name is Paul Krugman, and I have a Keynesian problem.”
It was The Outer Limits, not The Twilight Zone. Ironically it was called “The Architects Of Fear”. err, maybe not so ironically…
Why don’t they listen to me? I, Paul, have an official Twilight Zone PhD and a Masters in One Step Beyond with a minor in Petticoat Junction.
It’s truly pathetic when Krugman and the Keynesian Kops (hereafter referred to as the K&KK) hit bottom and continue to dig.
Space Aliens? The Architects of Fear? Global Warming? Utopian Healthcare? What other crises will K&KK dream up to scare America into even more deficit spending?
50 years from now, some history book is going to look back on this period of American history and judge us to be a collection of Dumb Masses.
WAR of the WORLDS aliens invade WASHINGTON D.C. and destroy the UN building
Guess he just watched Battle Los Angels and he is off his meds as was already stated! What other crazy excuse can you come up with for such a totally crazy exchange that is devoid of any concept of reality?
This should be ALL over the media but it proves the media is controlled by leftists!!
Yeah and where are the Posleen when you need them?
Also lets open some Higgs Bosuns and while we’re at it and has anyone noticed a change in Mars’ albedo? And where the Hell is my Maple syrup?
Ringo for Prez 2012 (not the drum player)
Welcome to another edition of “Brains Gone Bad”.
Geez Louise hasn’t the war thing been tried? I mean recently, like maybe 2003?
And then there is this little bon mot from the man himself discussing the Bush administration.
Questioner: “What’s the greatest political crime of this administration” Krugman: “It’s certainly the war”.
Somebody give the guy a big red nose so he’s more easily identified as the clown he is.
I don’t want to have any dealings with these people ( Terrorist Thugs Vermin Palo Shit )…The U.S. has given Billions to these Rats. They want us to pay them a jirza instead give them a Bullet in their Fucking head of Idiot, it’s less expensive.
Sorry wrong post,lol…
“There is a fifth dimension beyond that which is known to man. It is a dimension as vast as space and as timeless as infinity. It is the middle ground between light and shadow, between science and superstition, and it lies between the pit of man’s fears and the summit of his knowledge. This is the dimension of imagination. It is an area which we call the Twilight Zone. ”
Poor Paul, he just don’t get it.
He just wants a legitimate excuse to be anally probed.
Krugman has the wide, fixed, staring eyes of a madman.
after obama got people to smash their own cars (cash for clunkers program)
now he is going to get people to burn down their houses .
that would make us all rich,….yeeeeah !
I’m beginning to think the Nobel Prize is not worth much.
So, just how far up his nether regions did that alien probe go when little Paulie was abuducted?
Sounds like it went all the way to the top, up between his dual synpase cranial processor until hit the top of his skull.
Poor widdle Paulie needs a nap and a timeout. Somebody’s getting a bit cranky (or, that his inner crank is now on full display!).
The ignorance the the Left ceases to surprise me.
Hey jackass!! We already have a ready made enemy that we are already at war with – it’s called ISLAM.
But you clowns won’t not acknowledge that enemy.