Paul Krugman on the arrogance of Henry Paulson

Economist Paul Krugman sits down with Keith Olbermann and discusses the shear audacity of the Paulson financial bailout plan.

Category:

News & Politics

Tags:

• Paul
• Krugman
• Keith
• Olbermann
• Henry
• Paulson
• financial
• crisis
• bailout
• George
• Bush

[chaoboyace]

"All your decisions are belong to me " Nobody over 40 should get that reference. He's wicked smart.

[somadudesbcglobalnet]

1:30 All your decisions are belong to me

[0caterpillar00]

@ionlytrade No, Krugman and other mainstream economists recognize the value of a healthy rate of inflation for encouraging capital investments during a recession.

[ecnerwal999]

Krugman is a socialist. Libertarianmonarchy . com

[mpc91]

@Krugmanistheking - Please show me one example of Krugman being anything other than disrespectful to someone who disagrees with him. Just one.

You have a right to an opinion, and that's all Krugman has. He is at the bottom of a long line of disproven failures. Or maybe that's you.

[mpc91]

@Krugmanistheking - And really, he never said that FDR saved the world? Really? How much you want to put on line for that one?

/user/PaulKrugmanBlog#p/u/18/q­lv1LtwO7Tg

Here he says just that.

[mpc91]

@Krugmanistheking - And really, Krugman is quite the fan of FDR. On his blog, he calls FDR - "The greatest hero of all time."

That seems like high praise to me.

[mpc91]

@Krugmanistheking - How arrogant are you? You think I haven't listened to him. I have, and I still disagree. Sorry.

He claims the New Deal created the middle class. It didn't.

The New Deal extended the Depression, and caused a great deal of needless suffering. A bigger New Deal would have created much more suffering. I'm not assuming that government intervention is bad, I'm finding that as a trend throughout history supported by evidence.

[mpc91]

@Krugmanistheking - Even if you like him, to deny his arrogance is blind sycophancy.

To say he's fallacious is the truth. He tells World War II ended the depression, and that FDR saved the World. Neither of those is true. He thinks the New Deal created the middle class, another fallacy. But these are not harmless lies, they benefit powerful government.

I will show him all the respect he gives to those who disagree with him: none. I will show him the respect that all con artists deserve: none.

[mpc91]

@Krugmanistheking - His video blog includes, "Why I Am a Great Professor". You can't make that up.

His criticism of the current establishment is that government is not spending ENOUGH. We are spending more than we have at any point in history, and it's not working, but if we were only wasting more money... then. His data is fallacy, and out of touch with reality. It serves the interests of the state over the individual, and has been proven false repeatedly.

He's incredibly arrogant.

[mpc91]

Paul Krugman calling anyone arrogant is like a clown telling someone they are wearing too much makeup.

[selfrealizedexile]

@splicedenergy

Think I'd rather have fun in here (which was over a year ago) pointing out the uber-partisan, deceitful Krugman than have a debate over Keynesian, fallacious aggregative economics for the 9688686th time in a YT comment section. Toodles.