Tag Archives: Paul Krugman

The ill logic of the lower classes


It’s the Eighth Day After the Solstice, and I’m back at the shack after checking up on my old house, which stopped feeling homey after a tree fell on it last year. Some of my old neighbors are doing OK, … Continue reading

Posted in Congress, down and out, economic collapse, fiction, globalization, humor, life in the big city, mainstream media, unemployment, Wall Street | Tagged , , , , , , | 1 Comment

Dems-in-name-only won’t help close income gap


Paul Krugman, commenting on one of the moral midgets who pushed through the House a new farm bill that would maintain generous government subsidies for agribusinesses while eliminating food stamps: Now, some enemies of food stamps don’t quote libertarian philosophy; … Continue reading

Posted in Congress, economic collapse, globalization, Great Recession, mainstream media, Obama, The New Depression, unemployment, Wall Street | Tagged , , , , , , | Leave a comment

Krugman strains eyes, can’t see light at tunnel’s end


Give credit to Paul Krugman for consistently refusing to pretend the so-called Great Recession was anything less than a depression. Now he’s suggesting hard times might be here to stay, because working-class Americans are too brain-dead to take action on … Continue reading

Posted in economic collapse, Great Depression, history, mainstream media, The New Depression, unemployment | Tagged , , , | Leave a comment

Binders full of lies


The topic of Paul Krugman’s Friday column was Mitt Romney’s failure to propose a credible jobs plan to bring down the unemployment rate. The upshot of it was that Romney is far less serious about creating jobs than Barack Obama, … Continue reading

Posted in dirty rotten scoundrels, economic collapse, Great Depression, liar, Mitt Romney, taxes, The New Depression, unemployment | Tagged , , , , , | Leave a comment

Scalia — joker with a mean streak


Paul Krugman wrote a good column yesterday about Antonin Scalia, the U.S. Supreme Court’s chief buffoon, but a reader’s response to the column was even better: When Justice Scalia compared requiring health insurance to requiring people to buy broccoli, something … Continue reading

Posted in Great Depression, Great Recession, history | Tagged , , , , | 4 Comments

Serfs don’t need no schoolin’


Many politicians and business leaders these days think the public education system is overvalued. After all, you don’t need to read The Great Gatsby to operate a power mower. You don’t have to know the atomic weight of carbon to … Continue reading

Posted in Congress, economic collapse, globalization, Great Recession, Mitt Romney, The New Depression, unemployment | Tagged , , , , | 4 Comments

Did Obama not get it?


Why wasn’t job creation the president’s No. 1 priority when he took office? Why didn’t he make a serious, steady effort to get the real economy back on track? Did he really think the bailed-out banks — the banks that … Continue reading

Posted in campaign finance reform, Congress, economic collapse, finance reform bill, Goldman Sachs, Great Recession, mid-term elections, Obama, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , , | 3 Comments

‘Balanced’ reporting? That’ll be the day


Mitt Romney recently told Time magazine that “25 million people are out of work because of Barack Obama. And so I’ll compare my experience in the private sector where, net-net, we created over 100,000 jobs.” Both statements are flat-out lies, … Continue reading

Posted in Congress, economic collapse, Great Recession, liar, mainstream media, Mitt Romney, Obama, Politics, The New Depression, unemployment | Tagged , , , , , , , | 4 Comments

Debunking Mitt’s most recent big lie


Here’s how the corporate media works: The well known double-talker Mitt Romney makes dubious statements meant to undermine another candidate. Reporters write stories that leave Mitt’s statements unchallenged. Readers are left with the impression that Mitt is stating facts. It … Continue reading

Posted in economic collapse, Great Recession, liar, mainstream media, Mitt Romney, New York Times, Politics, The New Depression, unemployment | Tagged , , , , | Leave a comment

On lies and the lying liars quoted in the NYT


I was going to post some comments on a New York Times story in which Wall Street types were asked to comment on the Occupy Wall Street movement. Thankfully, NYT columnist Paul Krugman beat me to it: On Saturday The … Continue reading

Posted in economic collapse, globalization, Goldman Sachs, Great Recession, mainstream media, New York Times, Politics, The New Depression, unemployment, Wall Street, world-wide economy | Tagged , , , | 1 Comment