Monday, March 4, 2013

HOT: Did Krugman Just Get Totally Destroyed in a Debate?

Developing..

Return to this post for further updates.

UPDATE: Paul Krugman and Joe Scarborough (aka Morning Joe) went mano-a-mano in a taped debate with Charlie Rose earlier on deficits and spending, reports Business Insider.

UPDATE 2

Krugman just posted:


Urk, Charlie Rose Edition 
Well, we’ll see how it comes out after editing, but I feel that I just had my Denver debate moment: I was tired, cranky, and unready for the blizzard of misleading factoids and diversionary stuff (In 1997 you said that the aging population was a big problem! When Social Security was founded life expectancy was only 62!) Oh, and I wasn’t prepared for Joe Scarborough’s slipperiness about what he actually advocates (he’s for more spending in the near term? Who knew?) 
A useful reminder, I guess, not to take anything for granted. But I’d rather not learn my lessons with the camera rolling.

UPDATE 3

 The debate airs tonight on PBS at 11 PM. ET

UPDATE 4

Krugman just emailed Joe "Hi hate Austrians just like Krug" Weisenthal. Sounds like softball Charlie Rose even got to him:
Don't know what will make it into the program. But it was many of the usual zombies -- the US could handle debt after WWII only because all our competitors were in ruins, the Social Security age 62 plus the irrelevant 15 to 1 ratio from 1950, and the risk of a bond attack from nowhere -- all the stuff I've dealt with repeatedly on the blog, but wasn't prepared to rebut effectively all over again. Oh, and Charlie raised the damned Reinhart-Rogoff 90 percent.
(ht John Duncan)

18 comments:

  1. If Joe Scarborough could get to him Murphy would kill him

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    Replies
    1. Hence, no debate.

      I could air on Comedy Central...

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  2. Anywhere to watch this "live" online?

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  3. Only .people with personal vendettas would be interested in watching this.

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  4. Only .people with personal vendettas would be interested in watching this.

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    Replies
    1. Perhaps. But would people with personal vendettas be interested in watching this?

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  5. I guess this proves Krugman unwillingness to debate Robert Murphy or Peter Schiff is based on well-justified cowardice.

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  6. Haha if Morning Joe took can make Krugman look bad, I would love to see what Robert Murphy could do.

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  7. Ha. Didn't see John's comment. Well I guess we are all thinking that.

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  8. What are you on about, ghst?

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  9. "all the stuff I've dealt with repeatedly on the blog, but wasn't prepared to rebut effectively all over again,"

    PRICELESS

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  10. I just saw this on TV...the intro at least. Thought about actually watching it cause I knew it would be interesting and then I decided I would let Wenzel do a post on it. I couldn't bring myself to watch it. The krug monster makes my stomach queasy. I am sure Bill anderson will have something up on krug in wonderland too. I heard Krug say the US was using Austerity and laughed though.

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  11. While awaiting tonight's performance, you can watch Paul-The-Slickster take on the gold bugs:

    http://larspsyll.wordpress.com/2013/03/04/paul-krugman-on-gold-buggism-so-right-so-right/

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  12. sounds like an golf acquaintance, plenty of excuses about why he's so rubbish.

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  13. Toward the end of the show, things got especially tense. Scarborough was saying that America faces a "generational crisis" with Medicare and Social Security because of its aging population when Krugman could be heard sighing.

    "You know what?" Scarborough snapped. "If you could just stop from saying, 'wow' and let me just finish a point, Paul. You and Al Gore really need to talk about it, because, again, this is a real problem. If people don't agree with you 100 percent of the time ... you always feel like you have to take the cheap shots. So if I could just finish, I've listened to you."

    http://www.huffingtonpost.com/2013/03/05/joe-scarborough-paul-krugman-charlie-rose_n_2810389.html?utm_hp_ref=business&ir=Business

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  14. Not the best quality but here it is in full. The Krumanite comments are hilarious.

    http://youtu.be/qPSymbMSzTg

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