The Axis of Stevil Show. Your world, my spin.

Paul Krugman and Aliens

Making sense of Obama Creation Date Monday, 22 August 2011. Hits 2898

Paul Krugman and Aliens

Recently, Paul Krugman was on CNN describing how an alien attack would help our economic recovery. If you have not already seen it, no, this is not a joke. He said it and repeated it, so it was not a slip up either. In the video below, I have a little fun at his expense pointing out how silly of a notion it is, and discussing what it means for the Obama economic efforts if some far out scenario is needed to make his plans work. What I did not address in the video is the intellectual dishonesty contained in Paul Krugman's statement. In 2003, Paul was speaking at Berkley when he said the following. (below video)



That agenda, Krugman proposed, is to do nothing less than "starve the government" into submission. Through tax cuts that decimate revenues and create "deficits as far as the eye can see" (as Berkeley's George Akerlof put it in an earlier article) and by presenting Congress with a drastically underestimated bill for a war, Krugman says the Bush Team intends ultimately to lay siege to the social programs pioneered by Presidents Franklin Delano Roosevelt and Lyndon Johnson.

So here we see Krugman saying that reduced revenues combined with a war will "starve the government" into submission. Yet in his clip on CNN, this same Paul Krugman recognizes that we are in a time of reduced revenue, and his way to fix the problem is to fake a war with the aliens? This way, you have all of the build up to war, but not the actual war. So which is it, Paul? Does war help a struggling economy, or does it hurt it? This is even more ironic in light of other comments he made at the same meeting.

Krugman said that he and others had at first found it hard to believe that the Bush administration would apply the same false-pretense technique used to sell the tax cuts to sell the war in Iraq. "Sure they do that on tax policy," he said he thought, "but they wouldn't do that in matters of life and death!" What he realized, however, was that George W. Bush and his advisers represent something entirely new. "Other administrations have shaved the truth, but this is different," Krugman said. The difference? Now "we're dealing with people with a radical agenda."

Here, Krugman suggests that while it is wrong to lie to the American people about fiscal matters, it is far worse to lie to them about a war. I'm not sure if that means I should forgive him for these contradictory opinions about the financial consequences of war, or if it means I should be angry with him for suggesting that a staged war would be a good move for our Government. Either way, I hope you enjoy either the humorous side or the intellectual break down of Mr. Krugmans "Wag the Martian" theory of economics.

Leave a comment

You are commenting as guest. Optional login below.

Hot off the press.

More From The Axis

  • Watered Down Travel Ban

    Watered Down Travel Ban

    I have some friends and family who supported President Trump from early on in the process. From time to time they will ask me when I will admit that I was wrong about him. "If Trump does x... If Trump gets y... If Trump supports a policy that results in z... will you admit that you were wrong?" My answer is always "no", because I wasn't wrong. To be clear, I could be wrong in practical application, but that isn't what an election is about. Elections are about theory and speculation and, generally speaking about judging records. Trump had no record to speak of, and his history of stances on issues was all over the map. I opposed his candidacy for several major reasons, all of which are proven valid in this single issue we now refer to as the "travel ban". Here were my reasons.

    Continue reading
  • Fraudulent Rant by Judge Jeanine

    Fraudulent Rant by Judge Jeanine

    If you're not familiar with Justice with Judge Jeanine, it is a show on the FOX News Network starring Jeanine Pirro. She is known for her over-the-top rants where she serves up gobs of fresh red meat for her largely hard right wing audience. While it's not unusual for her to be a little fast and loose with the facts, she has been known to occasionally return from the break with a correction from her producers. Last night, however, there was no such correction to an outright lie she told on the show, and the matter being discussed should have (at the very least) contained a disclaimer from the host. I would cut her some slack, but as a former prosecutor and judge, she should be well aware of what proper protocol should have been here.

    Continue reading
  • Wake The Hell Up, GOP!

    Wake The Hell Up, GOP!

    It's not cute anymore, Republicans. The President of the United States is completely detached from reality, and you can't fix that. You can't cover it up, you can't explain it away, and let me make this as clear as I possibly can for you. You cannot possibly undo the damage you are doing to the party brand by trying to pretend this man is anything other than completely unhinged. I'm watching Sean Hannity borrow guests from the Alex Jones show in an attempt to bolster Trump's conspiratorial claims. I'm seeing relatively mainstream conservatives make themselves look like the crazed fringes of the paranoid right wing. Don't believe me? Look at this.

    Continue reading

Articles © The Axis of Stevil Show 2009-2017