Streetwise Professor

August 6, 2010

Paul Krugman: “Waaaahhhhh”

Filed under: Economics,Financial crisis,Politics — The Professor @ 8:50 pm

In one of the few feelgood stories of this dreary summer, Paul Krugman was last seen shouting “runaway, runaway” from a nasty netstorm in his comment section.   Change your armor, PK!

It’s about time somebody consistently called Krugman out.  (Steve Landsberg tries regularly, but dammit Jim, he’s just one man.)  In his repeated shrieks for more, More, MORE STIMULUS!,  Krugman resembles nothing more than an 18th century physician who, gazing upon his ghostly pale, weak, and failing patient, concludes he hasn’t been bled enough.

Another such “cure” would kill us.  Krugman’s commentors have figured that out, and a good swathe of the country has as well.  The administration hasn’t, but since most of the Democrat delegation is also screaming “runaway” while scattering in terror at the mere thought of even being seen with Obama, perhaps we’re safe for a little while, anyways.

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  2. Krugman is wrong. But so is Fred Douglass.

    In fact, I would hazard a guess that 95%+ of economists are wrong on the causes of the recession and what is to be done.

    Comment by Sublime Oblivion — August 6, 2010 @ 9:41 pm

  3. Economists who are proponents of the Austrian School regularly destroy and embarrass Krugman on a daily basis. Check out plus many others and you’ll get plenty of Krugman push back.

    Comment by Bob — August 7, 2010 @ 11:04 am

  4. You forget to mention that not only is Steve Landsberg only one man, he also handicapped by the generally held belief that he is a colossal asshole. No one who read the column in which he argued Terry Schiavo in a comma was the human equivalent of a broken household appliance would ever be likely to trust anything Landsberg said–or to leave their children unattended when Steve was around

    Comment by Paul Gottlieb — June 9, 2013 @ 6:05 pm

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