"...if you could employ people to dig a ditch and then fill it up again, that's fine, they're being productively employed, they'll pay taxes, so maybe Boston's Big Dig was just fine after all."
http://globalpublicsquare.blogs.cnn..../gps-episodes/
Krugman on CNN: The Big Dig helped the economy!
"...if you could employ people to dig a ditch and then fill it up again, that's fine, they're being productively employed, they'll pay taxes, so maybe Boston's Big Dig was just fine after all."
http://globalpublicsquare.blogs.cnn..../gps-episodes/
If I was a statist, this would rock me back: YouTube - Michael Badnarik on liberty
[Video] Paul Krugman Suggests A Space Alien Economy?
Airing Date Aug.14, 2011
Paul Krugman Suggests A Space Alien Economy?
Paul Krugman is the biggest idiot I've ever heard speak.
+1 He's good for lolz, though.Originally Posted by nemt4paul
My music/art page is here"government is the enemy of liberty"-RPThat which doesn't kill me has made a grave tactical error[IMG]https://pbs.twimg.com/media/BMoF6luCUAIm1vO.jpg[/IMG]
Strangely enough, He's actually right about this.
Well, had he said something like "If aliens came to Earth, established trade with us, and shared their technology, the recession would be over in 18 months" then he would have been correct.
Instead, he basicially said (taking this from Peter Schiff) that we would be better off if the government were to decide to build a fleet full of thousands of ships and building through the following measures; forcing everyone to work 70 hours a week for almost no money, creating food and oil shortages, preventing anyone from buying anything other than government bonds, deporting 10% of our workforce, forcing children and the elderly to work in factories, borrowing ten trillions dollars to build it, and ultimately sinking the fleet for no real reason.
Last edited by Cutlerzzz; 08-14-2011 at 06:37 PM.
He's totally wrong. The average person does not benefit from a huge reserve of armaments designed to destroy fictional aliens. The average person benefits from production that he demands.
Last edited by Diurdi; 08-15-2011 at 02:41 AM.
Indeed. The average person would only be on the receiving end of whatever the Aliens threw at humanity. Besides, Krugman stole this whole idea from the classic 80s anime Robotech anyway.
"Democracy, too, is a religion. It is the worship of jackals by jackasses." - H.L. Mencken
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"Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves." - William Pitt
I was refferring to pumping up GDP figures and hauling us out of a depressed economy, but, yes, the long-term liabilities will come back to haunt us
This guy would be a close second
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