Brilliant. Now why again should we keep borrowing and spending?
Brilliant. Now why again should we keep borrowing and spending?

 

UPDATE 12/18/23: Paul Krugman continues to demonstrate how a Nobel Prize, a secure pulpit at the NY Times and general acclaim by Leftists as an economics genius amount to less than nothing when the man opens his mouth and routinely spouts meaningless nonsense and outright fables. 

UPDATE 8/22/22: Little minds put undeservedly in big places like Paul Krugman live in constant fear of exposure. That explains his contempt for the Internet and the power and voice it has offered the average Joe & Jane to think and live independently of empty poseurs like himself. In his perceptive view, the Internet was bound to flop because “people have nothing to say to each other!” (But of course he always has SOMETHING IMPORTANT to say!)

“The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law’–which states that the number of potential connections in a network is proportional to the square of the number of participants–becomes apparent: most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s.”  (Damn! He’s good!)

One can only think of those decorated robots in their uniforms comically splashed with faux-military fruit salad, standing up there in Red Square all those years looking down on the proletariat. The intended message is always, “We are in power!” while secretly they know how genuinely useless they really are. “We are your sole source of truth,” declared their Kiwi Prime Minister counterpart. They are the only voices worth hearing lest they be exposed for the pompous mediocrities they all are. (See FAUCI and other “Experts”)

 

UPDATE 8/5/22: There he goes again: as detached from reality as ever with nothing of any value to contribute and still garnering oohs and aahs from an audience as detached from reality as he is. And all still proud of it.

UPDATE 4/16/22: One more serial fraud disgracing the term “expert.” At what point will the sophisticates of the NY Times and the Nobel Committee realize they’ve been had in the case of the utterly nonsensical Dr. Paul Krugman? What Tony Fauci is to “the science,” Krugman has been for decades to economics. For commonsensical facts about dollars and cents, check the Krugman meter and confidently spin the dial 180 degrees.

Magnificent physical specimen wearing his overestimated, upside-down brain on his buff chest.

UPDATE 9/6/20: Time for a little hilarity as Paul Krugman holds forth expertly, authoritatively as he always has done on things he simply can’t fathom. Like economics, for instance. So much for Nobel Prizes. Always reliable about being away from home when anything rational or true comes to call, The Krug doesn’t disappoint in his latest prognostications on the inexcusably horrible Orange Man Bad and riots and all that icky stuff he and his fellow residents of the thin-aired Ivory Tower heights just can’t quite “get.” Unlike the clueless fraud PK, Trump has his feet planted in the real world while this fool gets paid ridiculous sums and totally unearned, empty praise for being wrong about everything. It’s a talents of sorts.

UPDATE 12/31/17: Magical Seer PK again misses his cap and has another unsightly feather sticking out of his nose. Remember his amazing foresight last November in predicting a collapsed Trump economy and stock market? When will this fraud be finally cut loose to be opening act for Hillary’s annual Nostalgia Comeback Tour? Note his failed bromance for Donald in 2015 (see below) before the latter cut loose to be himself?

UPDATE 11/26/16: All-Wise Yoda Paul’s despondency over the meteor that’s hit him and the rest of the American Left exemplifies what Les Deplorables loathe in a Barack or Hillary: laughable arrogance, entitlement to power, the very un-American notion that we are subjects of Superiors like BO, HRC, PK needing to be “protected” and manipulated like annoying serfs.

UPDATE: 9/7/15-Paul Krugman likes Donald Trump’s economics (Tax The Rich! Socialized Healthcare!) but stops abruptly short of endorsing his candidacy. Can this be an alert that The Donald might not be what Conservatives really want?

UPDATE: April, 2014-Income “Equality” advocate Paul Krugman scores $25,000/month “consulting fee” to show up for a few hours now and then at CUNY to awe young mushheads with his disapproving views on Income InEquality!  Presumably, the fat honorarium affords PK the scholarly perspective of being one of the evil One Percenters. In so being, he is in a much better position to explain the agonies of Inequality to the rest of us.  To date, no word on how much of that easy cash this Avatar of Equal Income plans to donate to full-time teachers scraping by on modest annual salaries. Equality for thee, big bucks for me.

He has much to teach us.
He has much to teach us.

UPDATE: 1/16/13-Stop The Presses! Unfairly smart Visionary/Seer Paul Krugman still wrong! Touts MORE spending as The Answer!! When in doubt, spend! When not in doubt, spend! When Paul Krugman, spend…Other People’s Money.

UPDATE: 1/8/13-Grandly turns down the job of U.S. Treasury Secretary which nobody ever bothered offering him anyhow. Why kneepad it for Obama in the public sector when there’s so much more money & freedom “doing it” in the private sector? Only a Conservative champion of the free market like Paul Krugman could figure that one out, but apparently only when it comes to his own best interests. So stop the presses(again)! The fearless Outsider is staying put…at the radical Fox News/Talk Tadio affiliate NY Times.

UPDATE: 12/11/12- Still a hopeless Obama shill, the Nobel Prize Winner can’t stop campaigning for the Democratic Party and start discussing basic economics familiar to anyone who’s ever balanced a checkbook.

Krugman Zone

UPDATE: 6/7/12- Little Estonia, practicing austerity, teaches the boundlessly smug Paul Krugman a basic lesson in Economics 101. How humiliating to see a whole country thriving by standing diametrically opposite everything Krugman proposes. “Now Paul, if you’re in a hole and you keep digging, it doesn’t get you out. It gets you in deeper.” How humiliating to find oneself looking like a silly nerd next to someone who actually does things in life, not just writes about them.

Totally unfair distribution of brains and practical experience.
Totally unfair distribution of brains and practical experience.

ORIGINAL POST 11/3/12: Breathtaking: on a scale of 1-10, Paul Krugman assesses his own brilliance, and comes up with a modest 457! He wishes he could be wrong about something, anything…and, lo and behold, to anyone with a scintilla of common sense, he gets his wish! Basically, his pat solution for boundless debt: More Spending, More Debt! Obamacare? Juggle a few bogus numbers. A winner!   Naturally, he’s not going to pay for it out of his own ample wealth. Presumably, his evil whipping boy Plutocrats(excluding himself) will foot the bill.

Money, always Money on the brain. And he gets paid lots and lots of Money for all those worthless ideas and wins all sorts of prizes! What a country!

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No ivory tower necessary for shy Wonder Boy: life is good and very profitable hiding behind the skirts of the Old Gray Lady. Hell, you don’t even have to be right about anything. You just have to pontificate and be Paul Krugman.

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Life is good when everyone thinks you’re a genius, brilliant, “unceasingly smart.” [Well, not everyone.] The President calls, the Nobel Committee salavers, religious NY Times readers swoon, and all Paul has to do is repeat: Spend! Spend! Spend!

Every time it rains, it rains Obama Trillions; Take a hint from J.M. Keynes, more Obama Trillions…

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I can’t believe all the people who’ve fallen for this thing. Go figure. Maybe I’ll really start believing that the way out of a hole is to keep digging down. Like in Detroit! Like in Greece!

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OMG! Paul Krugman!!!! It’s like the Paramount, 1943!!! I’m gonna faint!!!

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At least Mitzi will love me when my cover’s totally blown, and the gravy train dries up.

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