Why does anyone listen to Paul Krugman?
by the Left Coast Rebel
One of the worst things about following the news cycle here a the Left Coast Rebel and staying in tune with the trends via. Memeorandum is having to step over the communist-progressive left's most ardent useful idiots -- Ezra Klein, Matthew Yglesias and the high priest of leftist higher-educated, educated foolishness -- Paul Krugman.
Krugman is a crank of the highest order whose leftist minions blindly lemming-jump to his ruling class quackery. As C-Gen said recently, "He has no credibility except what the left pretends to asausge."
Indeed. But today I found myself in total agreement with Paul Krugman via an excerpt from the beginning of his piece, "Flimflam Man". Writing in the opening line:
One depressing aspect of American politics is the susceptibility of the political and media establishment to charlatans.Ah, yes! The entire Krugman career summarized in one sentence.
Now all of you leftist lemmings, please follow him off the socialist-suicide cliff and leave the rest of us in the nation to pursue our own happiness and be left alone by your dreams of a dystopian progressive-collectivist nanny state.
Updated: Peter Suderman at Reason.com dissects the remainder of Krugman's piece today (which is a hit piece against Paul Ryan), writing:
And now it appears that the Post’s piece, which looked at Ryan’s long term budget plan, has caught the attention of The New York Times’ under-stimulated econogrouch, Paul Krugman, who uses his column today to attack Ryan’s plan and its author. Krugman, ever the poetic wit, calls Ryan a “flimflam man”....
Forecasting the vagaries of the economy five or 10 years in advance is incredibly difficult; most projections are bound to be off, and quality analysts doing quality work will inevitably disagree about what our economic future holds. But it seems to me that the people who are worth listening to are those who engage in thoughtful dialogue with the opposition, who accept that the future—as well as any projection that claims to predict it—is uncertain, and who agree to change plans accordingly. This is exactly what Ryan has done.
Krugman, meanwhile, is grumbling that Ryan’s plan “makes no useful contribution to the debate over America’s fiscal future” while moaning that the $787 billion deficit-funded stimulus was too small and asking for another round of deficit spending. Gotcha. Please pass the flimflam sauce?
Reason beat The Washington Post to the Paul Ryan punch with this look at the man and his plan back in our June issue.
Cross posted to Left Coast Rebel