Krugman: Recession Could Be Solved In Just Two Years If We Spent More: How many times does this ass-clown have to be wrong before we stop listening to him? How many times can he use the same the same lie to justify this ongoing theft of our savings, labor and property?

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38 Comments on "Krugman: Recession Could Be Solved In Just Two Years If We Spent More"

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deepthinker
Member

Spending is what got us in the mess that we are currently in. It’s time to stop spending and start cutting. Until then, it will be more misery and less for those of us that are suppose to be the ones that everyone claims to have their best interest. If you have my best interest, cut my damn taxes and cut out the spending and pass a balanced budget amendment.

6 November 2012
Member

It is how this system actually works, it has to go faster to avoid crashing but the higher the speed, the harder the crash is going to be.

They would try to do just that if they could.

I blame liberal greed, liberal greed and ineptitude

Progressive Hemrrhoid
Member
Progressive Hemrrhoid

I believe Kludgeman’s economic strategy is covered under the “Definition of Insanity”

jacksman
Member

Let me ask the folks i owe money? Bet they say HELL NO PAY ME NOW!!!

poppajoe49
Member

Hmmm, let’s see.
We’re broke, we have to borrow nearly 50 cents of every dollar we spend.
So what’s the solution?
SPEND MORE!!!
Why, that’s the ticket! The more we spend, the more we have to borrow.
If we borrow more, then our credit rating will go up because we have such a good borrowing record!

Unfortunately, we don’t have such a good repayment record. We give away a large amount of money to people that hate us, in an attempt to buy their friendship, which has worked so well in the Arab countries, that we are in an unending war with them. Why do we send aid to people that are shooting at us and blowing up out airliners? Have we completely lost our minds?
Our social programs are a complete failure. We have generational welfare and lifetime takers, living on our largesse, and giving us nothing in return except crack babies and abused women.
If we don’t do something fast, we will be hitting the reset button and flushing this once great country down the drain.
This won’t be completed however, until Obama confiscates all our guns so that we will be unable to defend ourselves from the inevitable invasion from Hati!

Sorry, rant over.
Krugman just gets me wound up.

Plainsman
Member

Poppa, your “ranting” is simply truth-telling. No apologies necessary.

ThatOtherGuy
Member

The solution to a debt crisis is….
……more debt!
It takes a No-brains Prize winner to get to that point.

Water for downing victims, beer for alchoholics- more is better!!!!

Sure, dumping money in the economy can bump GDP, can’t help but do it, but eventually you have to pay back the money, and it won’t be at the current low rates, it will be at higher rates because we dumped all this cash into the economy.

We need to bring down the debt below near parity with GDP to make spending like Krugman’s to work- even a true Kensyian would say so

Plainsman
Member

Exactly! At some point we have to pay back the principal, and because there isn’t ever going to be enough in our collective tax payor pockets to do so, our lenders, many of whom are our enemies, will require that we forfeit our national sovereignty.

Sidekick
Member

That’s just Krugman’s point in most of his columns on this topic. He continually states that we don’t have to repay the debt; we just need to service the interest. In his world of computer models and theory it all makes sense to him. Problem is reality is far less predictable but history is a good guide.

poppajoe49
Member

Exactly how long does he thing our debtors will stand for getting only a percentage of their money back?
Eventually, they will demand payment of the principal, and then we’re totally screwed!

sa_rose
Member

Better start polishing up your Madarin and Cantonese Chinese, since China will (does?) own us in a default.

ThatOtherGuy
Member

My point is that even just paying back the interest will become onerous when interest rates rise- never mind paying down the debt. But yes, if people dislike of our debt, either at current low interest rates, or for our debt at any rational interest rate happens, we’re Greeced. I don’t like it, but some outstanding govt debt is not a bad thing, but the level of debt we have now just limits anything we can do fiscally.

A little ‘junk in the trunk’ is OK, making spandex scream and a muffin top isn’t good.

The problem is that Krugman doesn’t even understand his own fiscal system- he is too busy basking in the glow that is a NY Times editorial writers birth right.

jcrowley1985
Member

The recession could be solved if we just end Corporate Greed.

Navyvet2
Guest

Nope, it could be solved if we ended politicians greed.

Navyvet2
Guest

Opps. Dunno what happened. That post was supposed to respond to any number of Crowley’s corporate greed posts. I just substitute Union or Politician for Corporate, and he actually makes sense once in a while.

Not so silent
Member

I love your posts, all of them are a complete fail and it just shows how much you don’t know….Dumber than a box of rocks Creepy Crowley…dumber than a box of rocks….Momma must be so proud she is spinning circles on her lark scooter and spilling her Cheetos….

6 November 2012
Member

Crowley is doing it on purpose.

danybhoy
Member

6 Nov,

I personally like the fart posts over the Ron Paul/Corporate Greed posts.

jcrowley1985
Member

I know you don’t like the Corporate Greed posts. It’s hard to realize the truth after you’ve been brainwashed for so long.

poppajoe49
Member

I don’t think we’ll be seeing any more of the fart posts though.

jcrowley1985
Member

Of course, I don’t joke around with such a serious issue like Corporate Greed.

Not so silent
Member

You are a joke, an unintelligent, sophomoric, welfare collecting weasel, who seems to think we actually give a shit about what you say, your tooooooo dumb to figure out that we all make fun of you because your insane bullshit posts mean nothing….In the old days people would have called you retarded, now we just refer to you as developmentally disabled…..and collecting welfare on our dime while trying to lecture us with the worldly knowledge that you do not posses, add to the fact you have a fetish for old white wrinkled guys……

ooddballz
Member

In the old days people would have called you retarded, now we just refer to you as developmentally disabled…not entirely true, I STILL call him a retard . But only when I am feeling generous.

flashingscotsman
Member

He HAS taught me one thing about economics, though.

Liberal idiots can’t understand economics.

jcrowley1985
Member

Would a liberal vote for Ron Paul?

sa_rose
Member

NOBODY voted for Ron Paul. Nobody with a brain, that is.

Ruben
Member

Not without federal spending reforms.

jcrowley1985
Member

Corporate Greed is the cause of the out of control spending.

danybhoy
Member

Do you know why I don’t have a Ferrari? Or NHL season tickets? Or take a month off to travel overseas? Or why I don’t live in a big house on a private course?

BECAUSE I CAN’T EFFING AFFORD IT.

Dude, we are broke, we don’t have the money any more to sustain all of the entitlement programs that are unconstitutional, but cannot be cut. Corporate greed has nothing to do with the fact that our gov’t cannot live within it’s means like I have to.

jcrowley1985
Member

Tell that to Corporate Greed.

danybhoy
Member

No, it’s called living within my means.

I buy what I can pay for, rather then piling up large amounts of debt. Do you watch daytime TV? Like Montel or Maury? Take note of the types of ads running. Debt releif & payday loan survices are running spots nostop. Connect the dots, & you will see it’s corporate greed. But it could be about PERSONAL RESPONSIBLITY, think about it.

Ruben
Member

Krugman is akin to a bratty little baseball player who strikes out but refuses to return to the dugout.

Sidekick
Member

He has lost his mind and/or he is a fraud.

danybhoy
Member

Yes.

Elrond Hubbard
Member

Damn, Bill Moyers interviewing Paul Krugman is like Fidel Castro interviewing Hugo Chavez. So yeah, let’s spend a few trillion dollars more on worthless pork barrel projects, raises to already overpaid school teachers and gifts to corporate cronies; we can borrow the money from the Chinese or rev up the government printing presses.

danybhoy
Member

Every 1 of the people you listed are effing worthless & ZERO understanding of what makes for a sound economy.

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