Thursday, February 7, 2013

A Paul Krugman Laugher

If you ever need a good morning laugh, check out Paul Krugman's blog.

Krugman has now stooped to attacking investigative reporters for making economic sense. For a non-economist, Bob Woodward (possible CIA tool) makes a semi-decent point about the economy. In fact, compared to Krugman's comments on Argentina, Woodward sounds like the second coming of Eugen von Böhm-Bawerk. The Krug writes:

Duncan Black is struck by a Meet the Press transcript in which Bob Woodward declares that

if you stabilize the debt in some reasonable way, we’re going to have growth. The unemployment rate should come down.
The confidence fairy lives!

It’s not just Woodward — and it’s certainly not just Republican

No comments:

Post a Comment