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Krugman Doesn't Understand Why "Darkness Is Spreading Over Part Of Our Society"
A rather surprising Op-Ed by none other than Paul Krugman, first posted in The New York Times,
Despair, American Style
A couple of weeks ago President Obama mocked Republicans who are “down on America,” and reinforced his message by doing a pretty good Grumpy Cat impression. He had a point: With job growth at rates not seen since the 1990s, with the percentage of Americans covered by health insurance hitting record highs, the doom-and-gloom predictions of his political enemies look ever more at odds with reality.
Yet there is a darkness spreading over part of our society. And we don’t really understand why.
There has been a lot of comment, and rightly so, over a new paper by the economists Angus Deaton (who just won a Nobel) and Anne Case, showing that mortality among middle-aged white Americans has been rising since 1999. This deterioration took place while death rates were falling steadily both in other countries and among other groups in our own nation.
Even more striking are the proximate causes of rising mortality. Basically, white Americans are, in increasing numbers, killing themselves, directly or indirectly. Suicide is way up, and so are deaths from drug poisoning and the chronic liver disease that excessive drinking can cause. We’ve seen this kind of thing in other times and places – for example, in the plunging life expectancy that afflicted Russia after the fall of Communism. But it’s a shock to see it, even in an attenuated form, in America.
Yet the Deaton-Case findings fit into a well-established pattern. There have been a number of studies showing that life expectancy for less-educated whites is falling across much of the nation. Rising suicides and overuse of opioids are known problems. And while popular culture may focus more on meth than on prescription painkillers or good old alcohol, it’s not really news that there’s a drug problem in the heartland.
But what’s causing this epidemic of self-destructive behavior?
If you believe the usual suspects on the right, it’s all the fault of liberals. Generous social programs, they insist, have created a culture of dependency and despair, while secular humanists have undermined traditional values. But (surprise!) this view is very much at odds with the evidence.
For one thing, rising mortality is a uniquely American phenomenon – yet America has both a much weaker welfare state and a much stronger role for traditional religion and values than any other advanced country. Sweden gives its poor far more aid than we do, and a majority of Swedish children are now born out of wedlock, yet Sweden’s middle-aged mortality rate is only half of white America’s.
You see a somewhat similar pattern across regions within the United States. Life expectancy is high and rising in the Northeast and California, where social benefits are highest and traditional values weakest. Meanwhile, low and stagnant or declining life expectancy is concentrated in the Bible Belt.
What about a materialist explanation? Is rising mortality a consequence of rising inequality and the hollowing out of the middle class?
Well, it’s not that simple. We are, after all, talking about the consequences of behavior, and culture clearly matters a great deal. Most notably, Hispanic Americans are considerably poorer than whites, but have much lower mortality. It’s probably worth noting, in this context, that international comparisons consistently find that Latin Americans have higher subjective well-being than you would expect, given their incomes.
So what is going on? In a recent interview Mr. Deaton suggested that middle-aged whites have “lost the narrative of their lives.” That is, their economic setbacks have hit hard because they expected better. Or to put it a bit differently, we’re looking at people who were raised to believe in the American Dream, and are coping badly with its failure to come true.
That sounds like a plausible hypothesis to me, but the truth is that we don’t really know why despair appears to be spreading across Middle America. But it clearly is, with troubling consequences for our society as a whole.
In particular, I know I’m not the only observer who sees a link between the despair reflected in those mortality numbers and the volatility of right-wing politics. Some people who feel left behind by the American story turn self-destructive; others turn on the elites they feel have betrayed them. No, deporting immigrants and wearing baseball caps bearing slogans won’t solve their problems, but neither will cutting taxes on capital gains. So you can understand why some voters have rallied around politicians who at least seem to feel their pain.
At this point you probably expect me to offer a solution. But while universal health care, higher minimum wages, aid to education, and so on would do a lot to help Americans in trouble, I’m not sure whether they’re enough to cure existential despair.
* * *
[ZH: One can only assume Mr. Krugman's shocking honesty at the demise of The American Dream (and even more shockingly his - and his devout followers' - admission of an inability to fix it via fiscal and monetary policies) is a modest pitch for "stuff's bad and getting worse... but vote for the good guys and at least we can all get worst together, equally."]
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The best way to destroy the Capitalist System is to debauch the currency.
~ Vladimer Lenin
“Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at security, but at confidence in the equity of the existing distribution of wealth.”
~ John Maynard Keynes
FORWARD CORPORATE SOVIET!
It's legislated into society by your congress critters, been proved already. Then they went into denial about it, then they go to war over their failed beliefs. It that simple folks.
Pool Shark nails it, +1
Hey, as long as you don't touch the Chinese imports, viva free trade.
Owning a manufacturing/import company myself, Chinese imports are a necessity. We could make everything we import, but we would only be business one month.
The cost of buying our products overseas (China, Taiwan, etc.) is much cheaper than producing it here.
You would have to address labor costs, taxes, insurance, etc. before that manufacturing comes back to the US.
What if taxes, govt fees, licenses, insurance and the other like costs were zero? Could you compete? I'm really curious.
Maybe one shouldn't buy stuff produced under circumstances one would not be willing to work under himself.
Maybe karma can be proven in this case,
Not a bad concept, but do you really have a choice?
Try finding socks, underwear or tee shirts made in North America - not just labelled as such due to some loophole in regulations.
8) Send any job thats not nailed down, overseas. Facilitate prying up of jobs that are nailed down.
Not from me, I think that covers it pretty well... add to that the maybe the ludicrous pop cultural icons of today who illustrate in stark relief, the rising liberal idiocracy... add to that the demonstration of the fact that our vote is utterly meaningless... as is the two party charade where the Republican majority has proven that it is all a farce...
It is indeed the final sweeping away of whatever illusion is left that has us realizing that we are never going to be rock stars... but more to the point, we are never going to be rich or even comfortably well off. So yes, we are angry about it.
Many of us have come to the conclusion that we can never afford to retire. We will work until absolutely physically unable.
Next phase: Form militias to overthrow the government so that we are easy, self identified domestic terrorists for them to round up and kill or send to camps LOL
all brought about by kikes like krugman through cultural marxism etc, but you have to admire the way he acts surprised.
The darkness is the fudgepacker.
It's simpler...
Krugman is an asswipe.
Good list, Pool Shark, but let me add to something touched on in the article.
He mentions the differences in other countries, and even regionally in the U.S., with the more moralistic Southern region being among the worst.
Since the earliest days of ZH, a commonly agreed theme as to what ails America is simple - JOBS. Good, dependable jobs where someone could make a decent wage, build some kind of career, and feel like part of a community. The average middle-aged white male (the subject of this) was raised understanding the value of work. Everyone he knew growing up worked, expected to work & identified with their jobs or professions. Not to work, or to work but be unable to keep up, is emasculating.....especially to those with a strong protestant work ethic. The Southern region isn't called the Bible Belt for nothing,
The off-shoring of jobs has hit every region, and I believe the lack of JOBS is the root cause of most of America's problems. The regional differences in suicide rates and depression may have a lot to do with values and the shame not being able to achieve up to expectations. Southerners have a lot of pride, not always justified, but there all the while. I remember a line from Mark Twain, in either Huck Finn or Tom Sawyer, about someone's deteriorating fence and their being "too poor to paint & too proud to whitewash".
JOBS, JOBS, JOBS
Would you agree that the oligarchy is the cause of loss of jobs?
Of course. It's not the workers off-shoring jobs and closing factories.
I must come to Paul Krugman's defense yet again. This is a nice list which goes over the points of greatest concern to ZH readers.
Hey Paul, here's what you're looking for:
1) Debauch the currency with Keynesian Policies
Keynesian policies simply don't exist in the US. Calling it corporatism or militarism would be more appropriate. What we think of as traditional welfare is around $60B per year. Farm subsidies and other corporate welfare is actually higher, around $100B. The real pentagon budget is in the $2000B range. The treasury supplied over $4000B to banks with no strings attached, so they could continue to rape and plunder the American taxpayer. There is very little in the way of stimulatory spending injected into the lower and middle income brackets which is the cornerstone of Keynesian economics.
2) Destroy People's Propensity to save, and mock the Concept of Delayed Gratification
The cause of this is the financialization of just about everything. Krugman strongly opposes this.
3) Heavily Tax Productive Citizens
Krugman has never spoken once about taxing productive citizens more. He has spoken frequently about taxing corporations more.
4) Subsidize Lazy, Shiftless Citizens
Do you mean those record numbers of people who left the workforce?
5) Destroy the Culture though Mass Illegal Immigration
We were all immigrants at some point. The top brass want illegal immigrants as a ruse to create an ultra cheap labor slave class in America. Legalizing these "illegal immigrants" would end the exploitation. The formerly illegal immigrants would demand higher wages. It's very xenophobic to insist immagrants are ruining the culture. How? Somebody speaking Spanish is offensive to you? If you need to point a finger at who is ruining the culture look no further than the six titans which control over 90% of the American media. They are ruining American culture!
6) Prosecute Average Citizens for Minor Crimes
Connecting Paul Krugman to broken window policing is insane? Rudy Giullianni is a reasonable person to blame for this. Why Krugman? It makes no sense.
7) Allow Wealthy, Well-Connected Theives to Escape Punishment
Krugman strongly opposed this. Krugman NEVER enabled Wall St. thieves. Hank Paulson, Tim Geitner etc. (a very LONG ETC. here...) are the culprits. Why an MIT economist gets all the wrath for their deeds is beyond me. Have you guys been watching to many Jim Rogers videos? I like Rogers and he fiercely criticisies Krugman because he's a crazy old man, a very nice crazy old man. BTW how has Jim's commodity advice or investing in China paid off for you? Not so good?!?! It must be Krugman's fault!
Any Questions?...
Why gang up on Krugman? It makes no sense? It's baffling? He's an economist and nearly everyone in the field think sabout 90% like Krugman on most issues. Krugman believes what he believes about economics for the same reasons biologists believe in evolution by natural selection, physicists believe in the big bang origin of the universe. Krugman is an economic scientist. He would change his beliefs instantly when confronted with new evidence and he is very candid about what he doesn't understand.
Krugman has close to zero influence over how the economy is run. You guys seem to think Krugman is running the show and guiding policy. That's simply not possible. The government rarely takes good advice. Fiscal policy is controlled by the top 1% of corporations and the military industrial complex, not some university professor. It so sillier idea than creation science. It's simply off the charts bat shit crazy. Virtually nobody in government listens to Krugman or anyone else who makes sense. The government is run mostly by idiots (by design, the theives put them in office) and idiots don't like intelligent people around them, they active work to supress or even destroy anyone who seems smart because smart people are a threat to them.
Let me guess, the poison in the box finally got to you?
Standard Disclaimer: The charade is over. You killed Schroedinger's Cat and replaced him with Blofeld's Cat.
Does the cat know whether it's alive or not?
Yes.
The cat is only aware when it is alive.
In fact that is the only state that it can be in, alive, relative to the cat.
Of course relative to the outside observer it is in both states simultaneously...
Actually that is a damned good question...
Now if the quanta have awareness of existence or anihilation...then the quanta are aware only as they manifest into existence.
But the memory is lost afterwards...
Anybody here ready for some Quantum Computing?
WTF? Economics is no more a hard science than Sociology. Krugman is an alchemist, and all of his 'experiments' have gone bust. Your lack of discernment of this is supreme irony. Shirley, you can't be serious.
Why gang up on Paul Krugman. i don't have time to list all the reasons, but lets start with he lies constantly. For example, he claims the stimulous failed bacause it was smaller than he suggested. That's a lie. Go back and look at his articles prior to the very first stimulous under Obama, it was exactly what Krugman was suggesting. Or how about publishing a paper about how the consumer price index doesn't reflect real inflation, while continuing to use the CPI in his own articles as evidence of low inflation. Selectively discarding data points that refute his positions, etc.
He advocates the concept that a financial elite should decide who wins and who looses through government intervention and central bank interest rate policy. Both are the enemy of freedom because the replace market forces with manupulation by an elite. In short he is a enemy of free markets and in that sense an enemy of freedom.
Hey genius, I'm going to keep telling you this until it gets through to your thick skull:
"Keynesian economics" is an oxymoron.
Poor attempt on satire - as I cannot believe someone can be so stupid to really believe what you wrote.
On 2) you might want to look up K-Rug's stance on the "The Savings Glut"
8) Dig big hole in NYC
9)MOAR EBT
Dr, Paul:
A little known concept, proven well before the social science of Economics was adopted.
DON'T EAT YOUR SEEDS.
DON'T KILL THE GOLDEN GOOSE.
8) Elect a two term president based upon the color of his skin and reward him with the Nobel peace price for starting about a dozen new wars and restarting the cold war.
Obama was elected the 1st time, because the alternative, McCain/Palin, was a continuation of the GWB/Cheney madness.
Also it was discovered that a virtually unknown black/white man was more electable than Hitlery.
Spot on Pool Shark. I would add two though, they are:
Taking over 22% of the US economy and making all American buy private health insurance.
Allowing illegal immigrants live in the USA and once they receive amnisty they too will ge on the government tit. HUD alreasyt allows illegal immigrants to reside in US housing as long as they have one anchor baby. Do not forget all the other handouts they now receive with this child.
Well said...
an outstanding summary (for all of the Western world)
People are smarter than economists and can see what is coming. If you have any common sense you are depressed.
Exactly the post i was about to do. Thanks for saving me the trouble Pool Shark
Thank you Shark, the American dream didn't fail, it was destroyed by power hungry liars who want power and riches only for themselves.
They use fake charity to persuade the sheep to go along with their scam and we have allowed it rahter than demanding truth and justice. Shame on all of us.
Everything Pool Shark wrote is correct, but he missed a few:
8) Mock the culture that made it through the Great Depression and WWII
9) Destroy the values that built modern civilization by embracing and adulating homosexuality, illegitmate children, and abortion
10) Show the greatest respect for any other religion, especially Islam, while (literally) defecating upon Christianity (remember "Piss Christ"?)
Once you've convinced people there's no God or Heaven, and they see that crooks and criminals -er, excuse me, I meant politicans and banksters - not only aren't punished for their crimes, they are rewarded with even more money and power - well, you've crushed them, haven't you? They realize that all their goodness has gone for naught, as there is no prize over Death's rainbow, and it's far too late now to start on a life of crime, so they just.. give up.
I saw this 30 years ago, when I had a job collecting data from farmers for their tax returns. I met dozens of widows who all told the same story "Fred sold the farm, we bought the apartment in the city, and in a year.. he was dead." Without the meaning that his work gave him, the farmer had no 'animal spirits' left to keep on living.
When you systematically rob and remove the meaning from men's lives, why should you be surprised when they don't value those lives very much? Today's world is for those who can game the system, who know how to play it like a violin, and who have chosen either hedonism or power as their raison d'etre.
I shudder for my children.
Everything Pool Shark wrote is correct, but he missed a few:
8) Mock the culture that made it through the Great Depression and WWII
9) Destroy the values that built modern civilization by embracing and adulating homosexuality, illegitmate children, and abortion
10) Show the greatest respect for any other religion, especially Islam, while (literally) defecating upon Christianity (remember "Piss Christ"?)
Once you've convinced people there's no God or Heaven, and they see that crooks and criminals -er, excuse me, I meant politicans and banksters - not only aren't punished for their crimes, they are rewarded with even more money and power - well, you've crushed them, haven't you? They realize that all their goodness has gone for naught, as there is no prize over Death's rainbow, and it's far too late now to start on a life of crime, so they just.. give up.
I saw this 30 years ago, when I had a job collecting data from farmers for their tax returns. I met dozens of widows who all told the same story "Fred sold the farm, we bought the apartment in the city, and in a year.. he was dead." Without the meaning that his work gave him, the farmer had no 'animal spirits' left to keep on living.
When you systematically rob and remove the meaning from men's lives, why should you be surprised when they don't value those lives very much? Today's world is for those who can game the system, who know how to play it like a violin, and who have chosen either hedonism or power as their raison d'etre.
I shudder for my children.
+100 Pool Shark
8) The forboding we feel from the NSA tracking and archiving our lives!
9) As stated below, a constant state of threatened and actual war
10) A certain feeling that the future holds more and more .GOV in our lives
11) An insane and scary number of citizens who worship .GOV like a religion/savior (see #10)
12) Gross dishonesty and cheating by politcians, biz elites, and portrayed by TV/Hollywood providing license to everyone (really depressing)
13) Our brains and expectations are polluted with pure crap coming from TV and all media (our fault)
...................
This is all correct except one thing you forgot - Broadcast that EVERYTHING IS AWESOME so that anyone struggling will know that is is just them so clearly they are failures and might as well end it all to relieve the world or thier pitiful selves!
You left out "relentless anti-white propaganda".
"..we don’t really know why despair appears to be spreading across Middle America." The awakened white man realizes he's been targeted for extinction.
The schools and media spread the word that white folks are bad and it would be better if they were dead and when it starts to happen the mouthpiece says , "Huh?"
The who?
It's an eminence front
No one knows what it's like to be the bad man...
We'll be fighting in the streets
With our children at our feet
And the morals that they worship
Will be gone
One girl was called Jean Marie
Another little girl was called Felicity
Another little girl was Sally Joy
The other was me, and I'm a boy.
My name is Bill, and I'm a head case
They practice making up on my face
Yeah, I feel lucky if I get trousers to wear
Spend evenings taking hairpins from my hair
I'm a boy, I'm a boy
But my ma won't admit it
I'm a boy, I'm a boy
But if I say I am, I get it
https://www.youtube.com/watch?v=3apJAMySqrI
But now you can be a girl too and shower in the girls locker room. How's THAT for progress, comrade?!http://www.westernjournalism.com/putin-warns-isis-obama-warns-school-dis...
The song was about a boy being forced to dress as a girl by a whacko mother.
You should give it another listen.
2016:
"Meet the new boss..."
"Same as the old boss..."
Trouble is, MOST will be fooled again.
We tried to speak between lines of oration
You could only repeat what we told you.
Your axe belongs to a dying nation,
They don't know that we own you.
You're watching movies trying to find the feelers,
You only see what we show you.
We're the slaves of the phony leaders
Breathe the air we have blown you.
Quadrophenia is so underrated.
+1 for all of the Who references.
yeah quadrophenia was a great album. the who were tight.
Off to see 'em in March, if Mr. Daltry recovers well from his recent medical issues.
Been listening to The Who for 50 years, so 50th anniversary seemed like a must. Going with my daughter, she's a big fan too.
It's a put on.
The shares crash. Hopes are dashed. People forget..... forget they're hiding behind an eminence front
Well worth the 5 minute flashback.
https://www.youtube.com/watch?v=ItQavimuoAc
Al Sharpton (after 72 visitis to the WH) marches the streets of NYC with hundreds chanting, "What do we want? Dead Cops!" and Farrakhahn orders murder of whites....and no one bats an eye....but the President and the Dem frontrunner push to release prisoners by the busload....and devalue human life for decades.....we advertise to create dependency on govt (and not on one's self)...
and we get this headscratcher from Krugman.....
fascinating.
love,
Bill Ayers
A big chunk of the people in jail DO NOT belong there!
The only people that should occupy a prison are those that are PHYSICALLY DANGEROUS to others!
The rest need to be picking up trash along the highway while receiving, and paying for themselves, psychological help.
We’re willing to spend $30,000-$60,000 a year to incarcerate someone, but barely a nickel on what really needs to be fixed…their minds!
Correction. The corrupt elected ruling political elite & the bankers belong their. Better yet, turn em all into carbon atoms.
"Correction. The corrupt elected ruling political elite & the bankers belong their. Better yet, turn em all into carbon atoms."
Geez! They're included, He said people that are "DANGEROUS" to society. Clearly that implies bankers and Politicians!
https://en.wikipedia.org/wiki/A_Clockwork_Orange_%28film%29
Absolutely.
Fix their minds? What, like you 'fix' a car or appliance?
If the parents, teacher, minister and guidance councillor couldn't or didn't develop, guide, coach or fix it, why would you think that the "Pro's" can?
At some point you just need to cut your losses, and remove them from society, by whatever means is affordable and effective. This might include removal from the gene pool.
The beatings (taxes, white-guilt) are continuing but the morale isn't improving!
I guess the solution will be to beat the productive class harder.
Ok, let me throw a big question out here...cuz it kind of feels like this.
Does anyone think, and if so why, that the ultimate goal is to create a US civil war with the intent of breaking it apart?
It is impossible to get a man to understand reality, when he is a leftist academic.
Ignorance is not an excuse.....but it might take you longer to figure out the problem.
its the 'jewsury'
VPE Special | Interview with Ghost Brigade Commander | Eng Subshttp://thesaker.is/vpe-special-interview-with-ghost-brigade-commander-en...
"But what’s causing this epidemic of self-destructive behavior?"
D_R_U_G_S_!
..not the kind you buy on the corner; it's the one's your doctor hands out like candy on Holloween!
~~~~~~~~
Top 100 Prescription Drugs:
#1. Abilify ($6,885,243,368)
Treats schizophrenia, bipolar disorder, and depression. Also treats irritability associated with autism.
Side effects:
Less serious side effects may include:
Am I alone here, but if was depressed, took this drug, and began "experiencing' these side effects, I'd be MORE depressed!
http://www.rxlist.com/abilify-side-effects-drug-center.htm
http://www.medscape.com/viewarticle/825053
"Am I alone here, but if was depressed, took this drug, and began "experiencing' these side effects, I'd be MORE depressed!"
You would then obviously need MORE Abilify.
You get it! The only solution is more of what makes it worse, like QE
promoting and prifiting from addictions is a widely used business model: coffee, sugar, alochol, prescription drugs etc - all inspired by Philp Morris I suspect
When did Krugman understand anything except that by being a government shill he gets speaking gigs and awards?
People raised on the idea that being productive is synonymous with being alive, can not cope with the massively promoted idea that being alive is only given meaning through consumption. They would literally rather be dead than endure the growing insanity. Krugman who hasn’t produced anything real, including children, will never understand. Anyone peering at the world through macro glasses will never understand.
I G Y
That is a true 'insight' IGY, yet the madness grows, children, in my community, spend twelve years in school and Graduate unable to make change from a ten dollar bill, so they are obviously unprepared for any modern work, sex 'education', (indoctrination?) is begining in grade five and will not only cover transgenderism but also the joys of anal and oral sex, television programs condition,'vunerable' girls to be prostitutes, and somewhere someone imagines that this all makes them 'Richer' and the masses cannot see it at all! Don't stop thinking IGY you are good at it!
Thank you, Sparkey.
I believe the issues you mention come under the heading Cultural Marxism, but since most of my close acquaintences are Marxists without a clue that they are, I call it the Great Leveling in my conversations with them. Krugman bemoans the shadow cast by the cloud of Cultural Marxism, but since that explanation is incompatible with his world view, he blames those who are resisting the darkness.
Maybe Krugman has finally figured out how low he is in the pecking order. What a foolish and stupid tool he is. That just like the markets he too has meant absolutely nothing to the clique and nor do they respect any theory he ever formulated. He is not in the club after all.
It's all going nicely to plan......
http://beforeitsnews.com/conspiracy-theories/2015/11/666-is-upon-us-the-...
No 'complex' plan, concerning human behavior, ever unfolds as planned, there are too many variables, plans are made in human minds by people who imagine themselves as rational planners as they imagine and implement their plans to modify the behavior of others, others who, while greatly effected by the planners machinations do have minds of their own with ideas which change in response to the changes in their mental and physical enviornment.
The reason mankind has survived todate is because his instinct, (unconsciously) adjusts his behavior in response to the challenges he meets, for the most part people's consciousness is enslaved by mass media, cognitive dissonance is the discomfort we feel when our conscious mind is in conflict with our instincts. It seems, from reading the comments here on ZH that there is an epidemic of Cognitive Dissonance in our World today.
The weakness of the plan, whatever the plan is, is it is taking too long to complete it, instinctively we know things are not being done for our best interests, yet, many people haven't processed that consciously yet, and when they do become aware what can they do? realisticallywhat can anyone do?
mebbe it has something to do with the loss of freedoms required to have a vibrant productive society?
Oligarchies always crash and burn. They run out of minds and ideas. thefact that Krugman still has a national platform from which to spout his inanities is living proof.
mebbe it has something to do with the loss of freedoms required to have a vibrant productive society?
Oligarchies always crash and burn. They run out of minds and ideas. the fact that Krugman still has a national platform from which to spout his inanities is living proof.
For Krugman, outside of the rich elite, "White Lives Don't Matter."
Yes. Why should we work when you debase our currency making working pointless. In addition all the workers support a repressive police state, currency manipulation and inflation and a welfare state of state-educated brown shirted poor that support the political class who are the very source of both the middle and lower class repression.
Krugman, you, Keynes and the rest of the harpies at places like the Fed and Washingtoon have destroyed this nation. I'm not sure if it was a Cloward-Piven-Alinksy thing or just pure moronancy.
Krugman long ago sold his soul to Satan. May he party in hell with the all the corrupted vile elites. Hilliary is a murdering drug king pin.
This is why...
John 3:19-21 - ...and men loved darkness rather than light, because their deeds were evil.
"Yet there is a darkness spreading over part of our society. And we don’t really understand why."
Well, Paulie, aside from the fact that as a member of the Rockefeller Foundation-founded Group of Thirty (www.group30.org) you should already effing well know this, I'll explain what your problem is.
You have demonstrated you either don't understand the fractional reserve banking system (by your argument with Steven Keen of Australia, claiming banks do not create credit, fer crissakes!) or you are a colossal fucking liar!
You have demonstrated you either don't understand speculation, claiming that the skyrocketing oil prices of 2008 were simple "supply and demand" even though the Baltic Dry Index had collapsed (and Goldman and Morgan Stanley were doing HFT wash trades on ICE up with wazoo!) or you are a colossal fucking liar!
You recently claimed that the cause of the global economic meltdown of 2007--2009 was too much household debt, but as Prof. Greenberger in one simply sentence so well illustrated in Erin Arvedlund's outstanding book, Open Secret: The Global Banking Conspiracy That Swindled Investors Out of Billions, it was surely do to the credit derivatives scam (i.e., the largest insurance scam in history, credit default swaps), so therefore you don't even understand basic finance and economics.
I could go on, but who has the time and what's the effing use?
In the big scheme of things, the best thing that could happen to Paul Krugman is to die of natural causes, discredited, alone and forgotten, to be eaten by his cats.
However, I confess that it would be a lot more entertaining to see him torn limb from limb by a howling mob.
there is great book on this subject by a very old and wise prof from Yale:
the loss of happiness in market democracies
http://www.amazon.com/Loss-Happiness-Market-Democracies/dp/0300091060/re...
Get rid of the Jews and America would be better off. Get rid of all the diversity, and problem solved.
Krugman is just doing the now-fashionable excuse laden "I have sympathy but take no blame" ramble that other idiots have been over past few months. Reason why? To avoid blame for anything. Like the serial killer who gets caught. The main regret for the criminal is not for the crime BUT for the "getting caught".
Hang everyone but me. I didn't mean it, honest, I didn't mean any harm.
Kindergarten bullies are a good template for this type of behavior. Krugman is doing it, Greenspan. Various other crime bosses and underlings. Perhaps the Hamptons is actually considering the possibility that the general population may revolt in anger. So it is skip my house please.
Paul is the "cat' you always carry around buried in your hair this time?...
Least of your worries partner!
"Paul is the "cat' you always carry around buried in your hair this time?... "
Paul takes is role model as Spectre (the old ones with Joe Wiseman).
And the Marie Antoinette Nobel Prize goes to....
This asshat Krugman says, "At this point you probably expect me to offer a solution. But while universal health care, higher minimum wages, aid to education, and so on would do a lot to help Americans in trouble, I’m not sure whether they’re enough to cure existential despair."
Krugman just doesn't get it. The FED steals trillions in interest income from savers and small businesses, and he wants to raise the minimum wage to destroy jobs and increase automation, encourage even more dumbing down in the educational system, and enforce an obscenely rapacious health care tax to support an out-of-control and completely corrupt health care establishment that destroys twenty-times more lives than it improves?
Fuck you, Krugman. FUCK YOU!
Artificially setting/forcing wages instantly works!...but the high is short lived, sooner rather than later, you're back to where you started.
There should be a "minimum wage" that is the line between employment and exploitation. $1/hour is exploitation, $20/hour is silly, the correct number is in that range and we can come to agreement upon.
What really needs to happen is putting an end to the "Work AND Welfare" employment model...Allowing Corporate America to use the welfare system to boost wages and provide benefits...that is a HUGE problem that distorts, artificially drives down, wages.
in Australia min wage is about 17$ an hour I was told. That probably explains why most bars and restaurants here in Melbourne seem to be full even on Monday night. and i have never seen so many well-designed, stylish places , not even in Paris or London. people seem happy and I have only seen 2 (nicely dressed) beggars not sure if htey are homeless. Compared to hundreds I see in SF
Paul gets it quite well, his duty, since being a member of the Group of Thirty (www.group30.org) and an appointee of the Reagan Administration, his principal role is to have the zombie sheeple believe he is some sort of "liberal" while in actuality he has always been pure central bankster lackey.
Can you believe people really believe he is a "libral" 'cause he repeats that nonsense over and over and over again?
Next up, I will be writing a column claiming to be
KING OF THE KNOWN UNIVERSE!
Please, believe me . . .
off topic, one of the best user names on here...
"When E.F. Mutton bleats, sheeple listen" lol
Beer me.
They cannot bear to live in a Jewish controlled state where money is not part of the commons.
It's a logical consequence
well said...........
Dork - I am absolutely sure that most Americans don't remotely know the degree of Jewish control in the USA.
Brilliant and concise. Thanks. I see a few hasbara trolls are here...
Just another guy trying to rewrite history when his ideas didn't work....
Speaking of people rewriting history, fuck you Bernanke!
"Yet there is a darkness spreading over part of our society. And we don’t really understand why".
What's this "we" shit asshole.
We understand perfectly well why.
It's delusional disconnected SOB's like you Krugam that are completely clueless!
Do us all a favor please, and shut the fuck up!
That's Chief Krugam to you.
(do I need to show you my awards?)
Krugman needs to go live in a refirgerator box under a bridge this winter.
"What's this "we" shit asshole. " Brilliant! Notice with progressives it is always I/Me I/Me until the shit hits the fan or is about to hit the fan, and then it's You/We You/Us...
Narcissism - Krugman, Obama... Prog's never take ownership for their actions as it is always somebody elses fault when the shit hits the fan.
Krugman has a turd in his pocket.
711 was a part time job.
Cutting govenment spending 50% would be a start.
Calvin Coolidge style.
Pulled the country out of the 20's depression.....was so effective most people don't even know about it.
Yes, I'm surprised Krugman would show empathy for people suffering from some of the very results his own policies created. Will wonders never cease?
I honestly despise this idiot. I can't stomach a word he says. The Wesley Mouch of this generation.
Here is how I feel about Krugman:
https://www.youtube.com/watch?v=iKS-pcyNERQ
What Krugman is really saying:
"psst, psst... yo white people ... go kill yourselves already ... you're ruining the narrative."
Well when Satanists rule the world, this is what you get.
If you read his article you will see that Krugmans goal was to blame the darkness problem on 1.Religion and 2.low levels of socialist spending. All in keeping with the satanist propoganda.
Classic psychopath asshole. America needs a good ole courtesy flush.
Translation of Krugman article - "bla, bla, bla". Epic failure Mr. Krugman. Get a life and stop bothering humanity.
Fuck you Krugman!
"He had a point: With job growth at rates not seen since the 1990s, with the percentage of Americans covered by health insurance hitting record highs, the doom-and-gloom predictions of his political enemies look ever more at odds with reality."
The problem is that you fuckwits in your ivory towers believe the propaganda you spew out. There was a time when a person could make a decent living, provide for their family, take a vacation every now and, maybe save a little bit for a rainy day. But, now thank to fed policy, globalization, and the massive immigration you turds promote these jobs being created are part time crap. Obama care is creating havoc throughout the nation making it harder to save and making the cost of care even less affordable. There is no country left for white males. I only hope that I live long enough to see you fuckers pay for what you've done to this country.
Step 1 demoralization....................Completed
Step 2 destabilization
Step 3 crisis
Step 4 normalization
I'm quite certain that Barry and Michelle Obozo are just fine and dandy with the rise in white male suicides.
This is a backhanded victory lap. It's as if he's has pity for those "who have lost the narrative". It's probably that increased mortality rate is somewhat meaningless noise in the data. He's just shoving it in your face.
Voter disenfranchisement is real. And that's why you see a nothing like Donald Trump leading their party. Because what does it matter at this point? At least he's an asshole telling people off.
the more government is responsible
.
the less explanations i need
Krugman is, and always has been, a piece of shit.
The leftist policies have steadily ruined this country economically, culturally, in every way to the point where the American dream is dead to millions and millions of people. When you have seen how things can be, but you feel powerless to change the system to actually make things better, then yes you tend to despair.
"For you the blind who once could see, the bell tolls for thee.."
https://www.youtube.com/watch?v=60AChuvfzUo
Randy Newman - I Think It's Going To Rain Today
These are the children of the womens' liberation movement - the abandoned ones. Financial, spiritual, and physical suffering are natural consequences of that family-destroying, gratification-obsessed, hypermaterialist phenomenon.
most of the whites I see at walmart should have never been born
Krugman doesn't really understand anything.
His DEBT ENSLAVEMENT is NOT an ECONOMIC STIMULOUS...IT IS DEATH.
Maybe he shouild understand that "freedom" demands that Failure exist.
The economic crisis was caused by debt....debt not chained to responsible decisions...which is why it failed, plain and simple.
KRUGMAN IS A FUCKING MORON.
What you do will come back to you. You reap what you sow.
Utube robert Klinks latest social credit piece, Faith and econmics.
The bank state can only debit your account. It will not credit it.
Therefore money is not part of the commons
His video explains the inflation of the Tudor period and beyond....
We've all been raised on television to believe that one day we'd all be millionaires, and movie gods, and rock stars. But we won't. And we're slowly learning that fact. And we're very, very pissed off.
...we don’t really know why despair appears to be spreading across Middle America. But it clearly is, with troubling consequences for our society as a whole.
Really?...
For starter how about a $10 trillion dollar 14 year odyssey in the Middle East that's left two generations destitute?... Unlimited immigration on tap with no end in sight, forget the Latins and focus instead on the middle class people that were qualified technically in manufacturing and engineering that lost their jobs when the H1B1s keep pouring in to take the work?...
And as far as commercial services sector especially financial management and banking?... No arrests here since Bernie Madoff for the worst criminal misconduct since the 9/11 "Commission Report" reared it's ugly....
I'd love to include the emotional stress to those that give a shit about what our government is doing in our names given what we've done in the ME and Eastern Europe but unfortunately that is very low threshold for discussion and the average middle class alcohlic is still more concerned if his team lost this weekend and if he won this weeks round of FanDual or Powerball!
At the end of the day it's just all "baked in"!!!
Thanks Paul.
While I may hate the fact that you're even allowed to work in the capacity that you do and earn a remarkable living doing so that actually destroys solvent economies, I blame the middle class more for making YOU POSSIBLE!
These posts.
This is why I login. Thank you!
Krugman, you and your fellow Tribesmen will need a new host soon. Maybe you guys should start picking up some Chinese Han genes to facilitate your next migration?
They are already positioned there--look into the "Li" family...
One of the reasons the bastards are so successful is that they take the long view. Judaism is best understood as an intergenerational, international crime syndicate with a full-dimensional array of "us and them" ideologies. Anti-semitism keeps the little Jews tethered to the coatstrings of their "leaders" who are ever-ready to sacrifice them at need. It is fascinating if a bit macabre.
If you want to see what "Jew power" looks like in its naked form, look at Gaza. Here in the West we are mostly ruled through debt and distraction. But the same cabal ultimately controls.
Cheers.
fuck off and die, Krugman. go nuke your dumbass self you obama-cocksucking pile of catshit.
I lived in two retirement areas, Palm Desert CA and Baja.
Once people settle to live within their means, many find they are removed from family and purpose. Golf and fishing lose appeal after awhile. Then comes 'happy hour' which many start to fall victim to.
Those so called active 55 condo communities don't allow for puttering around, having a garden or many other things 'active' people may enjoy doing. Pain killers are a real problem as many do not realize that they also dull emotional 'pain'.
If you have gray hair and you're POTUS, people respect your views, but if you are not POTUS or a CEO no one has time for you on main street.
I knew quite a few who died in their fifties. Alcohol was a problem for them as well as loneliness and lack of purpose.
Children are grown and gone. Your activities in your home are limited due to HOA and community rules. People don't pay any attention to you anymore as you are from a past generation and your experience doesn't count in the new tech age.
In many places there is no work anymore, small business has moved or died.
Welcome to the new world if your relatively healthy, to find out the doctors try and force prescription drugs or crazy herbs on you for their kick back coin and there is nothing to do but stare at tv, talk to 'friends' on farce book or 'happy hour' which is not really happy.
It is best to work as long as possible. Don't buy into corporate America's bullshit about retirement communities and so on. Stay active with a sense of purpose. I took in my stepdaughter with her two young girls, two and four. Changed my life for the better and the little people put a smile on my face.
Don't donate your life to your "Career"...donate it to your family.
If you chose the "Career" route...you had better make a SHITLOAD OF MONEY...enough to ensure you CAN PAY people to CARE ABOUT YOU in your old age...becuase if you have no kids and little money, YOU'RE FUCKED!
You're also "fucked" if you let someone else raise your kids because you were "too busy" with your "career"...heed the bumpersticker!..."Be good to your kids; they will choose your care facility"...
You're 100% right!
It was the first thing we did for our parents when they retired. Make sure they have 3 hobbies and develop their social life.
Now they're almost never at home and we have to make a appointment to see them.
They're 73 and 71 and they still live like they're 50.
And when I see other retired people of their age, sometimes they look like they're already dead.
The first thing they wanted when they retired was time for themselves and then they sit at home and do nothing for years. And when somebody does come by, all they do is complain so people stop going. And then the are alone with no clue why and get bitter.
And we're honest to our parents, we tell them to live like it's their last year. And boy o boy, they are seeing the world, always going somewhere and see a lot of people.
And I do like happy hour but there's indeed a lot of older people who seriously drink to much. But that,s mostly because of lack of social contact.
"there's indeed a lot of older people who seriously drink to much."
Go to Sams Club during the day on week days...geezerville...stocking up on Jim Beam and Captain Jack...you can see in their faces that it's all for "private consumption".
Like I said last time, it's blindingly obvious.
Our masters, and their feminist daughters (e.g. Paul's wife and master Robin Wells-Krugman) have been spending the last generation driving working-class white men out of the labour force on the one hand and blaming them for all the world's problems on the other.
White female labour participation rates only levelled off in 2008, which was obviously a crisis. White male labour participation rates have been dropping since the Fifties. No crisis at all.
The 45-54's have their orders to get on with drinking themselves to death, and they are making excellent progress. Mission accomplished. Cosmos all around, girls.
Of course Paul's not going to explore solutions that have more than a chance in a million of working. Any such would mean building a world with much less room in it for tenured liberals like him or professional feminists like Robin.
Yes---the wonder is that he wrote this at all. I wonder is all well in the Krugman household. Maybe he complained when she used too little lube in their last pegging session.
No, they lost their JOBS, HOMES, and GIVE A FUCK.