The famed Keynesian (Marxist) and Nobel Prize winning economist (if that doesn't tarnish the award, nothing will), proves yet again, that he is not a bright man. Oh, he has the intonation (like Barack Obama) to demonstrate that he hangs out in the rarefied air of New York's elite circles, dazzling his hangers-on with his "deep" insight on all things economics to give the illusion that he is. But like Chauncey Gardiner from the Peter Sellers movie "Being There", it doesn't take a rocket scientist to determine that he is a simple man spouting even simpler hogwash. Yet, he is celebrated by liberal elitists, who see him as some wunderkind instead of the ignoramus he is.
He has the cajones to say that electing Romney will lead us down a path of destruction similar to Greece. Yet, it is Obama who is doing the exact things economically that Greece has done to put itself in the fiscal dire straits it now finds itself in. Krugman's advice? Continue doing it, but even more!
Mr. Krugman, do us all a favor and crawl back down into whatever hole you climbed out of until after November 6th. Oh, and quit embarrassing yourself!
NYT ECONOMIST: IF WE DON’T RE-ELECT OBAMA, WE’LL END UP LIKE GREECE Posted on October 25, 2012 at 6:02pm by Becket Adams
Paul Krugman: Double-Dip Recession If Romney Wins
If America doesn’t re-elect President Barack Obama and former Massachusetts governor Mitt Romney ends up winning in November, we had better prepare for some Greek-style economic ruin, thus saith left-leaning New York Times economist and noted Keynesian Paul Krugman.
“I think there’s a real chance that [Romney will] manage to pursue a policy in the first couple of years that simultaneously blows up the deficit and depresses the economy,” Krugman said during an interview on HuffPost Live Wednesday.