Tom Woods Q&A: Why does Krugman still have a job?

[FartyFace]

"To fight this recession the Fed needs more than a snapback; it needs soaring household spending to offset moribund business investment. And to do that, as Paul McCulley of Pimco put it, Alan Greenspan needs to create a housing bubble to replace the Nasdaq bubble."

- Paul Krugman, Dubya’s Double Dip, August 2nd, 2002

[CaptainZuluGamma]

6:43

[xMaXiMuSx]

@cokenpepsi484

Dude Krugman is CLUELESS..

[kilomph1]

Obama received a Nobel PEACE PRIZE, too. Ignorance is bliss, is it not Cokentard?

Of course top Ivy League schools wouldn't want him teaching, he isn't what's popular right now. Obviously what he's saying makes perfect sense and history supports it.

[sweisman]

@radiofriendly, thanks, and sorry. I can't get enough of Tom!

[unclexbob]

Krugman is pandering to the people in power...?

I have no idea what this guys economic arguments are, but right there, I know he's not connected with reality.

[Mattboy2388]

@unclexbob in other words, you didn't watch the video.

[unclexbob]

@Mattboy2388 It would seem obvious that if I had watched all the videos, I wouldn't have claimed ignorance of his credentials. Congrats on extracting such secretive information I had laced within my 10 word comment. You are quite the sleuth.

[mpc91]

@unclexbob - Nice, most people aren't so proud of their ignorance or laziness. Good for you for admitting it.

[unclexbob]

@mpc91 After four months, it would be educational if anyone could point out how I took his very simple statement out of context. I don't need to watch 20 hours of videos to interpret such a simple statement. It is like saying "he said the sky is green, it is actually blue". Not very complicated.

[mpc91]

@unclexbob - Didn't see your stupid comment four months, ago. I saw it today.

You didn't watch 1 minute of video. I'm sorry, but my statement about you being lazy and ignorant stands.

Your example is flawed, because Krugman is a fraud, and if you'd bothered to educate yourself even a little for his reasons for saying so, you might figure that out. It is like he is saying that, "the sky is blue", but you can't see that, as your stuck inside, where it's white, and you're too lazy to go outside.

[unclexbob]

@mpc91 The statement I responded to didn't argue that Krugman was a fraud, it argued that Krugman was influential with people in high places.

Please name the politicians that are following his recommendations?

[mpc91]

@unclexbob - What of Krugman's suggestions hasn't been followed? They've done everything he's asked for. Bush and Obama both have worked for his Keynesian stimulus. Greenspan lowered interest rates as he called for. Then Krugman dissociated himself from these actions and claimed they "did not go far enough"

Woods actually says that, "he tells the powers that be what they want to hear." - and you certainly does that.

[unclexbob]

@mpc91 Wait, Greenspan was not only a Keynesian, but a follower of Krugman?

You are thoroughly demonstrating what an idiot you are, with that statement alone.

[mpc91]

@unclexbob - Don't confuse what Greenspan said with what he actually did. He talked a laissez-faire game, but his actions fit in with the Keynesian mold.

As for Krugman, nobody has said that the powers that be do exactly what he says, but he definitely tells them what they want to hear.

You still haven't watched the video, have you? Still don't know who Tom Woods is, do you?

It's a good feeling to know we disagree, because if I agreed with someone as joyfully ignorant as you, I'd be worried.

[unclexbob]

@mpc91 I'm not confusing what Greenspan said about anything. His ideology couldn't be further from what Krugman believes.

If you are just trying to suggest there was a random correlations between the two in actions and arguments, then fine. But that isn't suggesting Krugman is influential at all. That would just be arguing for some vague unrelated correlation of action and argument.

Perhaps you need more time to figure out what your argument is?

[mpc91]

@unclexbob - You're the one arguing with that which you still have not actually seen.

Yes, you are confusing Greenspan's words from his actions. His ideology is meaningless when he acted in a contrary manner.

The point is that Krugman tells those in power what they want to hear, and you have said nothing to dispute that.

[unclexbob]

@mpc91 I watched this video....it is how I was capable of commenting on it, let alone knew what he said about Krugman.

Now that you admit you define following someones advice as any appearance of mutual agreement, my job here is done. You are no longer arguing with me, but with a dictionary. I'm betting on the dictionary.

[mpc91]

@unclexbob - You're funny. "I have no idea what this guys economic arguments are".

You seem to be arguing semantics with a straw man version of me, and completely ignoring what I've actually written. But since you seem to be ignorant of quite a bit, I'll take that as par for the course.

You've done nothing to disprove the original assertion. But you have displayed the usual "emperor's new clothes" arrogance that those of your ilk seem to wear as a badge of honor.

[unclexbob]

@mpc91 "But you have displayed the usual "emperor's new clothes" arrogance that those of your ilk seem to wear as a badge of honor."

Hilarious. You are clearly 1000 times humbler than me.

[Mattboy2388]

@unclexbob *videos.

[TheSWTORMMO]

@unclexbob You're clueless.

[sweisman]

Stringing us Tom Woods fan along like this is just not nice. How hard is it to put up the entire lecture and Q&A?! Enough with the "more is coming" crap. Please just put up the videos.

[radiofriendly]

@sweisman As much as I would love to string you along, (I'm the sl o w uploader) the reason is simply that I don't have great equipment right now. My computer is broken and the computer in the lab I use...takes about an hour + for every video to simply render the footage. I could have made them lower quality, but I thought they were worth the better quality. I work full time and do tons of activities with Ron Paul stuff. We will try to do better in the future!