tag:blogger.com,1999:blog-3758330678390419129.post7281565128335092805..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Krugman Works Out His Mind at the 92nd St YRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-3758330678390419129.post-64151348855261406192011-09-29T02:34:00.680-04:002011-09-29T02:34:00.680-04:00How often has krugman been wrong though? He said ...How often has krugman been wrong though? He said that we needed a Housing Bubble in 2003. He said that the earthquake in Japan was "good" for the economy. He said WW2 was good for our economy. He said that there was no way commodity prices would rise if QE2 was implemented and demand was not stimulated. He said recently we had to worry about deflation and not inflation. He said we Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-80011548452411144292011-09-28T23:15:26.780-04:002011-09-28T23:15:26.780-04:00I love the fact that people who try to defend Krug...I love the fact that people who try to defend Krugman and his Keynesian fallacies never have the balls to sign their names. They are too scared to identify themselves, since they know that they lack the intelligence or insight (let alone comprehension of simple economic theories) to actively debate the issue. <br /><br />If the anon@858pm had any integrity or economic knowledge, he/she would Richard Dale Fitzgeraldhttps://www.blogger.com/profile/05223505358122633852noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-74343118762372938512011-09-28T22:50:34.798-04:002011-09-28T22:50:34.798-04:00Anon 8:58, I have to laugh at your naivety. Let...Anon 8:58, I have to laugh at your naivety. Let's assume Krugman is right, do you have any idea of the level of spending that would require to come close to what was spent during the WW2 years? It would be on the magnitude of $10T to $14T of spending. Just where would that money come from? <br /><br />America thrived after the war largely becuase it had no competition. It didn't have to Franknoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-27412309788070608362011-09-28T22:30:13.840-04:002011-09-28T22:30:13.840-04:00@Anon at 8:58
It's not about the left or the ...@Anon at 8:58<br /><br />It's not about the left or the right. It's about liberty. The reason the U.S. thrived after WWII was that government finally and drastically decreased in size. After the war, the government drastically cut spending and taxes. The Keynesians laughably predicted disaster.<br /><br />So far as bridges and roads, first, the free market would provide these better Nathannoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-70497700960529223892011-09-28T22:21:19.643-04:002011-09-28T22:21:19.643-04:00It's funny when excerpts from Mises are on the...It's funny when excerpts from Mises are on the same page as those from Krugman. The difference in intelligence, knowledge, and understanding is just blaring. <br /><br /><br />How many more <a href="http://mises.org/daily/3530" rel="nofollow">Intellectual Waterloos</a> must Krugman have until he is finally discredited?Andre Grillonhttps://www.blogger.com/profile/01090683035706755175noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-77139649328211786302011-09-28T20:58:59.369-04:002011-09-28T20:58:59.369-04:00These comments are the clueless thing here. Did y...These comments are the clueless thing here. Did you read what was said? Krugman was clearly talking about a LEVEL of spending, not a war or military spending. WW2 ended the Great Depression because it provided the POLITICAL will for deficit spending, not because it was a war.<br /><br />We can spend on our ailing Bridges, Roads, Schools, Rails and Tunnels and new technology. That is the pointAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-22944014329630675782011-09-28T17:51:23.568-04:002011-09-28T17:51:23.568-04:00People like Krugman that think the war was the ans...People like Krugman that think the war was the answer to the AGD always leave out in their analysis that the war essentially eliminated all of our foreign competition and it required American's to live under a command economy for almost 4 years.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-22925874688187860112011-09-28T17:44:56.376-04:002011-09-28T17:44:56.376-04:00This is the best owning of Krugman I have ever see...This is the best owning of Krugman I have ever seen. It shows how completely clueless and full of it he is. Great job!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-65835078554689736092011-09-28T17:31:29.688-04:002011-09-28T17:31:29.688-04:00So I guess Krugman is a closet Bush supporter.
Ma...So I guess Krugman is a closet Bush supporter.<br /><br />Maybe Bush was a pre-cog, and his wars were an attempt to head off the depression.<br /><br />The fact that it didn't work wouldn't bother Krugman. We just needed to invade twice the number of countries.<br /><br />We can solve that now by nuking ourselves.Anonymousnoreply@blogger.com