Showing posts with label Paul Krugman. Show all posts
Showing posts with label Paul Krugman. Show all posts

2/22/2013

LIAR! NYT's Krugman Now Admits "Death Panels" WILL Be Part Of ObamaCare

Posted by Brian

Nobel Keynesian Economist Paul Krugman
Graduate of the Josef Goebbels School of Journalism
Paul Krugman is a liar. In the debate leading up to the passage of ObamaCare, Krugman was leading the charge in smearing those who warned Americans' that the massive costs of ObamaCare would lead to "Death Panels".
In a New York Times opinion piece on March 21, 2010 (Read Article Here), the lying Krugman wrote the following:

"...the campaign of fear hasn’t been carried out by a radical fringe, unconnected to the Republican establishment. On the contrary, that establishment has been involved and approving all the way. Politicians like Sarah Palin — who was, let us remember, the G.O.P.’s vice-presidential candidate — eagerly spread the death panel lie,..."

Paul Krugman, speaking at what appears to be a synagogue this week told parishioners that death panels and a value added tax will be needed to pay for the rising costs of Obamacare.

Transcript:
"Eventually we do have a problem. That the population is getting older, health care costs are rising... there is this question of how we're going to pay for the programs. The year 2025, the year 2030, something is going to have to give... We're going to need more revenue... Surely it will require some sort of middle class taxes as well.. We won't be able to pay for the kind of government the society we want without some increase in taxes... on the middle class, maybe a value added tax... And we're also going to have to make decisions about health care, doc pay for health care that has no demonstrated medical benefits. So the snarky version... which I shouldn't even say because it will get me in trouble, is death panels and sales taxes is how we do this".





So why is Krugman finally admitting this now? Because it's now safe to say it.  Obama, Krugman, and the left-wing media are all complicit in the lie.  They KNEW, as did many of us on the right, that government managed health care would lead to this.  But while conservatives sounded the alarm, Krugman and his Marxist/leftist comrades denied it all as right-wing hysteria to an increasingly gullible and dependent American public.
Hugo Black once said, "The Founding Fathers gave the free press the protection it must have to bare the secrets of government and inform the people."  Today's media do not inform, or lay bare the lies told by our government officials.  They have become stenographers for those in power, and vile propagandists for the State.  They are unconcerned with informing the public.  They are invested in assisting those in power with state-approved propaganda.
What Krugman and his ilk have done - are doing! - is worse than criminal.  It is unethical and immoral. They are Judas.  I hope he, and they, choke on their thirty pieces of silver.
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11/19/2012

Krugman: U.S. Needs Tax Rate of 91%

Posted by Brian

Imagine growing up with the dream of being successful.  You study hard, go to college or a trade school.  You start at the bottom, doing the menial things that new workers do - washing dishes, sweeping the factory floor, cashiering at a fast-food joint, etc.  You work hard, and are promoted to positions of greater authority and pay.  You earn a solid middle-class (a marxist concept) income. Eventually you decide you don't want to work for somebody else, take some money that you've saved, along with a small-business loan, and open your own business.  You work long hours to ensure that your business is successful. And it is, beyond your wildest dreams.  But in spite of all of your hard work, you are really not moving up the income ladder. Despite putting in sixty to seventy hours a week, and sometimes more, your take home pay barely exceeds what you were making when you worked a regular 40 hour week. Your gross pay is much higher, but all the money you make after a predetermined level which some bureaucrat or politician has determined is "too much", you take home only 9 cents for every dollar you earn. You're getting nowhere.  You decide that the hours versus the pay are not a good exchange, decide to close the business and abandon the dreams that you once had.  It's just not worth it.  You re-enter the work force as an employee. You are no long the employer.
This is what the pointy-headed Marxists like Paul Krugman see as "fair and equitable".  He's correct in his assumption that the rich will not be as wealthy as they once were.  But the flip side of that coin is that the people who aspire to becoming wealthy will come to realize that the sacrifice is not worth the effort. Nor are the back-breaking, marriage destroying hours they put in, without seeing any real change in their situation.
The result is that the poor , despite what they are told about the "evil" rich, will continue to be poor.  No longer are there the winners and the losers.  Everybody becomes losers under Paul Krugman's dream of a "fair" society.
Paul Krugman and his Keynesian economics should be rejected on their face.  His brand of economic stimulus is equality of misery, as opportunity is taken away for all. Krugman subscribes to the MArxist axiom, "From each according to his abilities, to each according to his needs". But who determines the individual need?  For Krugman and his ilk, it is "enlightened" people like him. He, and other privileged members of some elite illuminati, while feigning compassion for those they calls less fortunate, in reality, have nothing but disdain and contempt for those who they see as beneath them.
I find it interesting that Paul Krugman would use Twinkies to draw attention to his piece. Paul Krugman would lower himself to buy, let alone eat a Twinkie.

The Twinkie Manifesto
By PAUL KRUGMAN Published: November 18, 2012 546  

The Twinkie, it turns out, was introduced way back in 1930. In our memories, however, the iconic snack will forever be identified with the 1950s, when Hostess popularized the brand by sponsoring “The Howdy Doody Show.” And the demise of Hostess has unleashed a wave of baby boomer nostalgia for a seemingly more innocent time.

Needless to say, it wasn’t really innocent. But the ’50s — the Twinkie Era — do offer lessons that remain relevant in the 21st century. Above all, the success of the postwar American economy demonstrates that, contrary to today’s conservative orthodoxy, you can have prosperity without demeaning workers and coddling the rich.

Consider the question of tax rates on the wealthy. The modern American right, and much of the alleged center, is obsessed with the notion that low tax rates at the top are essential to growth. Remember that Erskine Bowles and Alan Simpson, charged with producing a plan to curb deficits, nonetheless somehow ended up listing “lower tax rates” as a “guiding principle.”

Yet in the 1950s incomes in the top bracket faced a marginal tax rate of 91, that’s right, 91 percent, while taxes on corporate profits were twice as large, relative to national income, as in recent years. The best estimates suggest that circa 1960 the top 0.01 percent of Americans paid an effective federal tax rate of more than 70 percent, twice what they pay today.
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10/25/2012

NYT Krugman: Re-Elect Obama Or We End Up Like Greece

Posted by Brian

The ferret-like Paul Krugman has poked his head out and once again we will have another four years of a depressed economy, at least if he has anything to say about it.
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.
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6/04/2012

Why Paul Krugman Is NOT To Be Taken Seriously

Mr. Wigglesworth says we need to spend one TRILLION dollars!
Nobel Prize winner Paul Krugman illustrates for us every time that he opens his mouth why the Nobel Prize for almost anything has become a giant joke.
In his latest foray into irrelevance, Krugman says that the over $500 million dollars of taxpayer money given to Solyndra by the Obama Administration, is but a "tiny misstep" and that everybody should quit ganging up on the President.
Yeah, it's a small amount comparative to the nearly $6 trillion of taxpayer money this administration has squandered.  But it's these "tiny missteps" that add up to the out of control spending we now have.  And Krugman says our problem is that the government hasn't spent enough!!  Oh yeah, and it's the Republican's fault, apparently forgetting that the Democrats held both the House and the Senate for the last two years of the Bush Presidency, and held the House, the Senate, AND the Oval Office in Obama's first two years.  But it's the Republicans' fault.
This is why we should not take this buffoon seriously.



Posted by Brian
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4/27/2012

Bill Whittle: "The Love Of Theory Is The Root Of All Evil"

Bill Whittle exposes the fallacies of liberal theories, and the devastating effects that they have wreaked upon human beings around the globe, including the death of hundreds of millions due to violent purges and man-caused famines.

Afterburner with Bill Whittle: The Train Set 

Bill Whittle tells you why this is the greatest sentence ever written: "The love of theory is the root of all evil." Whittle looks at the difference between fact and theory, and shows you the effects misguided theories have had on everything from warfare to climate science. Can Bill Whittle disprove global warming? What about Einstein's theory of relativity? Find out.

See more of Bill Whittle at PJTV
Posted by Brian