Paul Krugman to Joe Scarborough: You've Got Some Mythical Image of What a Modern Conservative Is

Paul Krugman sets the record straight on just what type of bipartisanship we had from the Republicans while Bill Clinton was in office and on how the Republican party has actually governed as opposed to their rhetoric.

Category:

News & Politics

Tags:

• Morning
• Joe
• Scarborough
• Paul
• Krugman
• bipartisanship
• Bill
• Clinton
• stimulus
• bill

[ichibanski8]

@dthomas9444 and he's also a nobel prize winner, what are you?

[dthomas9444]

typical krugman decries any tax cut as "partisan" and "completely crazy" and then goes on to say that he is basically in favor of all taxes, and more of them. krugman is a columnist posing as a professor, and a commentator posing as an economist.

[bobshenix]

@Lodatzor

I understand what you mean but, with all due respect, you must be quite naive if you believe that the Democratic establishment is serious about breaking the cycle of lobbyist influence and 'crony capitalism' that has rendered Washington a corrupt whorehouse.

The major players in BOTH parties are more concerned with perpetuity than anything else. And winning the next election of course! Obama is just another warmonger whose primary contributor was GOLDMAN SACHS... go figure!

[bobshenix]

Healthy private sector activity generates real wealth, and private initiative will always make it more efficient than any government bureaucracy.

Addressing your comment-- I agree the crucial problem today is the size/power of the NON-PRODUCTIVE finance industry. The Wall Street gamblers, speculators, and money manipulators feed off the productive energies of the real working economy-- now their phony paper "assets" account for an inordinate portion of GDP. And then they get bailouts!!

[Haarez1]

@bobshenix Goldman Sachs is the productive part of the economy? How lucid, how thoughtful. I envy your analytic abilities.

[Lodatzor]

@bobshenix

The reason you are failing is because you are a /small/ business owner. The lobbying industry doesn't care about you. The GoP doesn't care about you. Even the 'moderate' Democrats don't care about you.

They only care about Big Business.

The only people who care about you are actual liberals. You know, the guys who actually want the private sector to be fair and open enough to allow innovation and hard work to succeed.

That will never happen the more you vote for corporatists.

[jrwel14]

@bobshenix the lAST time the GOp had a balanced budget was in 1956 With 91% taxes and the Federal Highway act, reagan cut taxes then had to raise taxes 9 times. Bush cut taxes and borrowed from China.

[bobshenix]

@jrwel14

Right. The Federal government simply hasn't taken enough money out of the private sector-- the PRODUCTIVE, SELF-SUSTAINING part of the economy -- and that's why we are in debt.

I am a small business owner operating in one of the least business-friendly states. I used to entertain plans of expanding the business but today i am hurting and will may be forced to lay off workers. The LAST thing i need is more Federal taxes that will be funneled into the pockets of war profiteers.

[jrwel14]

Government data shows the the GOP has spent more, raised the debt more and had a worse record with unemployment rates.

[jrwel14]

@bobshenix What is a major reason for the huge debt? tax cuts, look at Clinton's 39% and Bush's 35%.