Tag Archives: Paul Krugman

“The Big Zero” Decade…

Paula’s heart-throb opines in this NYTimes Editorial that the 10 year period from 1999 to 2009 should be labeled the “Big Zero” – as in zero net gain in any economic sense.  Job Growth = zero; housing value gains = zero; economic gains for the typical family = zero; read the article there are more zeros to behold.

Krugman is distressed by our nation’s inability to learn from its recent mistakes.  He pointedly  chides Republicans, whose policies of tax cuts and deregulation  fostered in this economic mess, now are loudly recommending tax cuts and deregulation. 

Paul stops short of saying it, but let me help him, Libertarian stupidity is beyond help – let’s drown them all in Grover Norquist’s bathtub – he probably wouldn’t even notice…

I really don’t want to drown anyone, but I thought the allegory was too good to pass up.

Iggy Donnelly

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Filed under Economics, Wingnuts!

Tiny Tim’s Rescue by Healthcare Reform?

Paul Krugman is accepting of the compromise that is the current Healthcare Reform legislation.  He identifies three groups of critcs: 1) teabaggers, 2) conservative fiscal scolds, and 3) progressives who wanted a single payer system.  Krugman takes the position that the perfect should not be the enemy of the good.  He evokes the Dickens’s story “A Christmas Carol” to make his point.

I am hoping that ole Paul is correct.  We will see.  What say you out there?

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Filed under Healthcare