Krugman: There is no deficit problem

[krazen1211]

http://www.nytimes.com/2005/01/11/opinion/11krugman.html

Add borrowing for privatization to the mix, and the budget deficit might well exceed 8 percent of G.D.P. at some time during the next decade. That's a deficit that would make Carlos Menem's Argentina look like a model of responsibility. It would be sure to cause a collapse of investor confidence, sending the dollar through the floor, interest rates through the roof and the economy into a tailspin.

http://krugman.blogs.nytimes.com/2005/10/18/the-bush-tax-cuts-and-the-deficit/

The answer, of course, is that wiggle at the end of the line in Chart 1. Revenue is still low by historical standards, but it’s not as low as it was last year. And as a result, the budget deficit actually came down in fiscal 2005, albeit to a level that would have seemed shockingly high a few years ago.

Is this a good basis for claiming success? Well, put it this way: if a student gets a D after a string of F’s, his performance has improved – but that doesn’t put him at the top of the class.

[krazen1211]

Watch Scarborough demolish this idiot.

http://tv.msnbc.com/2013/03/05/watch-joe-scarborough-and-paul-krugman-face-off-over-debt/

Krugman: You know, that–you know, that’s such a tired argument, to go and search for quotes in stuff I said once upon time instead of dealing with the issue.






How dare someone quote the man in his own words!

[krazen1211]

Watch Scarborough demolish this idiot.

http://tv.msnbc.com/2013/03/05/watch-joe-scarborough-and-paul-krugman-face-off-over-debt/

Krugman: You know, that–you know, that’s such a tired argument, to go and search for quotes in stuff I said once upon time instead of dealing with the issue.






How dare someone quote the man in his own words!

Scarborough is the same joke who said the 2012 election was "neck-in-neck."

Obvious fool is obvious.

He's smart enough to throw Krugman's own drivel back in his own face. Therefore Krugman has to lie about Krugman.

[krazen1211]

He debated Krugman like they were running against each other for elected office, not like someone who was actually interested in the issue, and would just say things that suited him in that moment that he would completely contradict later

Hahahahaha!



Add borrowing for privatization to the mix, and the budget deficit might well exceed 8 percent of G.D.P. at some time during the next decade. That's a deficit that would make Carlos Menem's Argentina look like a model of responsibility. It would be sure to cause a collapse of investor confidence, sending the dollar through the floor, interest rates through the roof and the economy into a tailspin.