Krugman To Colbert: "Ireland Is America's Future If Romney Is President"

Tyler Durden's picture

Forget turning Japanese, an anxious-looking Paul Krugman appeared on Stephen Colbert last night to hawk his book and suggested that "Ireland is Romney economics in practice". Noting that Obama "inherited a Depression" but has unfortunately not taken us out of it due to a "whole lot of opposition from 'the other guys'". The Kaped Keynesian Krusader went on to note that "a recession is when things are going down but a depression is when things are down" and suggests an Obama campaign slogan "It's Not As Bad As The Great Depression" to which Colbert retorts that electing Romney would seem to be the path to 'ending this depression now'. While Krugman opines that if we would just re-hire all the government workers who have been laid off over the past few years then all would be well in the world, we suspect Colbert is closer to the truth when he comedically adds that "obviously the way to end the real depression is a war in Europe" and while USA is not Greece (or Uganda), it appears we will be Ireland if Romney gets elected.

 

 

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bonderøven-farm ass's picture

Hasten the collapse......Republicrats 2012.

TheSilverJournal's picture

The collapse is coming at the same speed no matter what. 2013. Both Romney and Obama will bailout to the max. No Difference.

The only question is who do you want to take the blame?

ZeroAvatar's picture

Well, in THAT case, OBAMA! Of course!

TheSilverJournal's picture

What's your grand plan genius? Print more money?

junkyardjack's picture

Well George Bush was the country's first President ever.  All problems were started by him...

ragequit's picture

Ireland is America's future. No ifs.

ZeroAvatar's picture

Ireland MAY have a future. America has none.

Grug's picture

Sad thing is a ton of people probably believe Krugmen

 

xela2200's picture

Why shouldn't they. It is what they want to hear. Just spend more money and hire more people. Then, push a button, and we are back. No pain.

Nobody wants to hear the truth. That it would take at least a decade of pain to put the house in order.

Jena's picture

Reading the comments after the Huffpo article that listed Tyler/ZeroHedge and Banzai among The 25 Most Dangerous People In The Financial Media, I was struck by the number that were outraged that Krugman was not listed among them -- let alone at the top of the list.  

So yeah, weird as it seems a lot of people believe what Krugman says.   

 

http://www.huffingtonpost.com/joshua-m-brown/best-financial-journalists_b_1605584.html

TheFourthStooge-ing's picture

Jena said:

So yeah, weird as it seems a lot of people believe what Krugman says.

Therein lies his danger.

Jena's picture

4th Stooging said: Therein lies his danger.

 

It does make me think about Geek Girl's comment on WmBanzai's LiViN' IT UP AT THe HoTeL NeiN... yesterday about using "dangerous" to describe that group of clear-thinking and -talking people when others like Krugman and the other financial terrorists who enslave the people through advocating and enacting bad policy are not called out.  

 

Seeing him yuk it up on Colbert looking like a little marsupial while remembering he'd like us to be in WWIII to shake us out of this economic mess pisses me off because I don't think that people really understand the ramifications of what he really wants.

 

 

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TheFourthStooge-ing's picture

Jena said:

Seeing him yuk it up on Colbert looking like a little marsupial while remembering he'd like us to be in WWIII to shake us out of this economic mess pisses me off because I don't think that people really understand the ramifications of what he really wants.

Yep. If not for the number of people that put faith in his "expertise" he'd be just another pontificating crank.

Hell, if Krugman started ranting about an incoherent economic postulate that he called "US citizenism", he'd win another Nobel Economics Sweepstakes Award.

ZeroAvatar's picture

Why is everyone suddenly trying to get ZeroHedge hits over at Obama Pickle Smoking Huffpo?  I've noticed an increase lately.

Winston Smith 2009's picture

That list is missing a very valuable contributor to economic truth, probably one of the very best, Russia Time's Capital Account program on Youtube.  Intelligent, detailed interviews where the beautiful host asks the right questions every time.  Much better than the Keiser report for serious analysis and free of Max's often stupid hyperbole which damages his credibility with mainstream audiences when it is those audiences, not us, who need a waking up.

knukles's picture

The other Sunday morning here in the Land of Drive-In Churches and Sunday liquor sales, I was standing in line at my local Supermercado waiting to check out, enjoying a thumbing of the National Enquirer when the fellow behind me with only a Sunday NY Times in his hand says to me: "Don't you just love it? I can't wait till Sunday when I can get my New York Times."
I responded; "I'm always curious for a dose of Communist Propaganda."

He got mad.

Ah, life and times in Sunny California.

TheFourthStooge-ing's picture

knukles said:

The other Sunday morning here in the Land of Drive-In Churches and Sunday liquor sales

Centerville, a real nice place to raise your kids up.
Centerville, it's really neat.
Churches.......churches,
And liquor stores.
Bowling alleys, just like Glendale.
Look, over there, it's a rancid boutique!

http://www.youtube.com/watch?v=LNpNTqaDDaE

mjk0259's picture

Your enjoyment of National Enquirer explains why you wouldn't like NY Times , propaganda or not they write some pretty good stories. And sometimes they are not the same ones every week with a different person pregnant/divorced/cheating like in National Enquirer.

 

 

TBT or not TBT's picture

In the non-global warmening sections of the science departments, sure they write a few good articles.  Elsewhere, bah!

Offthebeach's picture

NYT? You tell me the subject, I'll write the story. Same Yupper West Side drivel for the last 50 years. The WSJ has better quality features now.. I love telling lefties it outsellls Carlos Slims rag 2 to 1.

Bazza McKenzie's picture

The US will certainly be Greece if Obama is reelected.  So Krugman is boosting Romney, perhaps unintentionally.

mjk0259's picture

Greece? You mean 17 other countries are going to bail us out while we do hardly any work? Vote Obama!

 

francis_sawyer's picture

So... IRELAND or ISRAEL?

Umm... I'll take IRELAND...

francis_sawyer's picture

==> Gimme IRELAND

==> Gimme ISRAEL

LowProfile's picture

===> Gimme ICELAND

===> Gimme SOME OTHER BANKSTER ASS-RAPED FORMERLY SOVEREIGN COUNTRY

caimen garou's picture

he looks like something that came out of bernake s ass, fucking rat

Yen Cross's picture

 Krugman? I thought your time in the barrel was over?  ...

pragmatic hobo's picture

given the choice of romney and obamma ... I say obamma seem like a better choice. Who knows? with no re-election hanging over him he actually might try to do what he said he would do 4 years ago.

Beam Me Up Scotty's picture

Like you mean really wreck the country?  Actually, we need to just let the Democrats win the whole thing.  House, Senate, WH.  Have it your way you whiney little babies.  Then we can really see how great their ideas were.  There is never enough spending for the Democrats.  So spend whatever you really think should get everything "back to normal".  See where that lands us.....

It never ceases to amaze me how they complain about Bush.  Yet they want Obama to double down, triple down, and quadruple down or more on just about everything Bush stood for.  Bush spent too damn much money, yet they want Obama to spend 3x more.  Its like they hated Bush, yet love Obama who is like Bush cubed.

GasPump's picture

I've been saying the same thing for the past 2 years. Let em have the whole damn govt. and it will ensure that these do-nothings never get into power again...for a while atleast 

Imminent Crucible's picture

Let them have the whole damn government? Within two years, people would be tunneling under the fence into Mexico. The rich would be flying to North Korea.

prodigious_idea's picture

And the senseless checking of voter registration cards continues.

TBT or not TBT's picture

Problem. With. That.  ===>   Once they've got the Supreme Court they want, we'll never get the Constitution back again.   

We're hanging by a thread already as it is, with initials odds on monstrosities like Obamacare's individual mandate split 5-4, whereas it is obviously a 9-0 thing, and should have been back in FDR's time too.    It is called the Commerce Clause, interstate that is, not the Top Down Central Planning Clause.

El Oregonian's picture

They already had it from 2008-2010 and they screwed it up even worse, remember? My new motto is: "If they can't trusted then they must be flush'ded"

Cloud9.5's picture

Didn't the Democrats control both houses in Obama's first two years.   Why didn't it all get solved then?

TBT or not TBT's picture

The same two houses got a head start screwing things up in the last two years of Bush's last term.

Yen Cross's picture

Pragmatic Hobo?   As in basement baby, that writes code?

  Go to the park next to an Airport, and befriend a pilot, who (intern/inturn) , knows a busines owner.

  Get a job and some self esteem! Get it ( Pragmatic Hobo)? Then learn how to design things after you get a education, on the job!

Everybodys All American's picture

If you have not figured out that you voted for a radical liberal (maybe your good with that) by now your hopeless.

malek's picture

 I say obamma seem like a better choice. Who knows? with no re-election hanging over him he actually might try to do what he said he would do 4 years ago.

Or if that doesn't work, maybe if we make him dictator for life he actually might try to do what he said he would do!

Beam Me Up Scotty's picture

Can someone just punch Krugman in the mouth already?  That might shut him up for a few minutes.

Atlas Shrugging's picture

Reminds me of a joke:

Q.  How do you get a clown to quit smiling?

A.  Hit him in the face with an axe!

Bay of Pigs's picture

I'd rather look like Iceland Krugtard

carbonmutant's picture

Krugman is a cartoon character like Eric Burnett...

TBT or not TBT's picture

Krugman may indeed have boobs.  Can't tell for the tweed though.

Kayman's picture

In the 1930's America had industry and people were proud to work for a living.  In 2012, thanks to Krugman, Bernanke and the rest of the Financialization Criminals, America has Welfare, Crime, and Chinese imports.

Is there a problem with that ? Fuck no, says Paul.

As soon as the Iran thing warms up, China is going to repatriate Taiwan.  Then we will rue the day America built the Chinese Frankenstein.

Rentenmark's picture

Krugs is obviously right, he won a nobel peace price in economics.  Only the best and brightest win those prizes ya know...

Bollixed's picture

I got mine in a Cracker Jacks box...

At least I had to actually do something like 'open the box' to earn it.