Sunday, October 21, 2012

Real Basic Paul Krugman Ignorance

I tell you the guy has trouble thinking two levels deep. This morning he writes:
David Dayen makes a very good point, which I missed: during the Hofstra debate, in which questions were posed by members of the public rather than the Beltway elite, there wasn’t a single question about the deficit. Not one. The public really doesn’t care.
Doesn't he realize that Candy Crowley chose the questions? There could have been a thousand questions about the deficit and if Crowley chose to ignore them we would never know.

Disturbing evidence of Krugman's inability to think beyond the surface.


  1. Whatever the level of "interest" in the subject, the electorate certainly does not buy the Keynesian nonsense that debt and funny money cause prosperity. Brad DeLong reports Obama saying the following:

    Look, I get the Keynesian thing. But it's not where the electorate is…

  2. Did Crowley ever publish all the questions? It would be nice to know what got passed over.
    Not that I suspect bias...or trying to protect Obama...well maybe a little.

  3. The funniest part is the fact that Krugman thinks he is anti establishment.

  4. But there's even more to it than that. He appears to be implying that if the general public is not concerned with it, it must not be an important issue.

    He goes further in saying: "Neither do financial markets, which continue to lend to the U.S. government at incredibly low rates." (which, of course are right up to the very point where they are wrong.)

    This line of reasoning is sorta like saying that no one asked about proper diet and exercise and, well, I'm still alive and able to eat and move about so...maybe it isn't all that important after all.