- The austerity of the drunkard
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If you’re an alcoholic and you redefine “abstinence” to mean “drink more”, you might very well solve your drinking problem: by killing yourself. - Austerity really means raising taxes
- When Paul Krugman claims that austerity is a failure, he defines it as cutting spending; but in fact, his examples are all of countries that raised taxes often along with raising spending.
- Fahrenheit 9/11 Reviews Show Restraint
- Reviewers of Michael Moore’s latest work appear to have learned their lesson: don’t put anything you learned in writing, because it is probably wrong. The first rule about Fahrenheit? Don’t talk about Fahrenheit.
- How’s Obama doing? Just check the price of gas
- Reader Armando Gutierrez asks why, with the economy doing so poorly for the average person, people are feeling better about the President?
- The joyless jobless recovery
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Government spending is higher than it has ever been. So why aren’t people pleased with the economy? - Krugman: Federal checks and balances sound
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New York Times economist Paul Krugman says that America’s checks mean we definitely still have money on our balance sheet.
- The New Summer of Our Discontent
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Poor polls puzzle pols. The use of the words “surprising” and “unexpected” in news headlines don’t have any encouraging effect on consumers. - Paul Krugman & President Obama furiously fix economy
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Improving Mexico’s economy: “Fast and Furious” gun-running plan from New York Times economist Paul Krugman.
More Information
- Europe’s Failed ‘Austerity’
- “Given Europe’s continued slow growth, Professor Krugman might have an argument to make—if there actually had been any austerity in Europe over the last two years.”
- Krugman’s Still Wrong
- “Paul Krugman has never been shy about proclaiming that he is right and everyone else is wrong—and not just wrong, but ‘knaves and fools.’ Lately, however, one begins to worry that he might actually hurt himself, so vigorously has he been patting himself on the back for his opposition to ‘austerity’ (defined as any cut in government spending, anytime, anywhere).”
