If only Paul Krugman had an idea that he has no idea how the real world works……….

8 Apr

Then there might be hope for him. But, as Smitty notes, Krugman is a classic example of why a “good education”  does not equal real intelligence, and it certainly does not mean the one has common sense or wisdom.

Easter Sunday is probably inappropriate to use Paul Krugman as a punching bag. But it’s not a sin if Krugman does it himself, and this blog merely provides a communications path, is it?

Here, Krugman attempts to go after Paul Ryan:

In my next life I want to be a conservative policy scammer. Think of how much nicer it would be. Instead of constantly being accused of having evil motives, I’d be presumed to have noble intentions no matter how much the actual content of my policy proposals was at odds with such claims. Instead of being accused of saying bad things I never said, I’d be given credit for supporting good things I’ve never supported. Life would be great!
OK, I’m whining. But the continuing defense of Paul Ryan is a remarkable phenomenon. He’s still being treated by many pundits as a man deeply concerned about deficits, when the fact is that his policy proposals are all about redistributing income upward, and make no serious effort to curb debt. He’s even given credit for advocating higher taxes on the rich when he has more or less specifically rejected the things for which he’s given credit.

Redistributing income upward? That is funny, I do not seem to recall Ryan calling for such a thing at all. Of course, I do not live in the alternate reality that Krugman does. Krugman thinks that we can spend our way out of a crisis caused by grotesque OVERspending! He also believes that we ought to be taxing the “rich” to redistribute wealth in classic Socialist fashion. This type of disconnect from reality is amazing to witness. Krugman has numerous historical examples to look at. He even has Europe, in a sorry state financially to look at. And yet, Krugman can do no better than call for not just a continuance of the policies that got us here, but an ACCELERATION of those policies.

One Response to “If only Paul Krugman had an idea that he has no idea how the real world works……….”

Trackbacks/Pingbacks

  1. Paul Krugman And Steve Keen Got Into A Massive Fight On One Of The Biggest Issues In All Of Economics | 2012: What's the 'real' truth? - April 10, 2012

    [...] If only Paul Krugman had an idea that he has no idea how the real world works………. (thedaleygator.wordpress.com) [...]

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