Paul Krugman: Finally Wrong About Something?

Krugtron

Krugtron

In June of 2012, left-wing economist and former Enron advisor Paul Krugman — who calls himself (and I quote) “Krugtron the Invincible” — wrote the following in his New York Times blog:

“I (and those of like mind) have been right about everything.”

Well, unfortunately, his streak of infallibility has just come to an end.

Two days ago, on March 17th (2014), Krugman wrote this:

Or we’re told that conservatives, the Tea Party in particular, oppose handouts because they believe in personal responsibility, in a society in which people must bear the consequences of their actions.Yet it’s hard to find angry Tea Party denunciations of huge Wall Street bailouts, of huge bonuses paid to executives who were saved from disaster by government backing and guarantees.

The boldface is mine. I bolded it not just because his statement is wrong. I bolded it, rather, because it’s so wildly wrong.

As it happens, I was one of the people who began the initial tea party in my town — this, mind you, was in the early days of the tea party, when it was predominantly about laissez-faire, before it was commandeered by the religious, the socially conservative, the philosophically wayward, before it lost its teeth and became a movement with which I was no longer comfortable being associated — and I can tell you and Paul Krugman, without any doubt whatsoever, that the bailouts (both by George Bush and by Barack Obama), as well as all the other forms of crony capitalism, were the predominant reason I was moved to organize the tea party where I live.

And every other tea party organizer I know felt the same way. Don’t believe me?

Here’s a little proof:

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Sorry, Paul. You may be “right about everything,” but you are incontrovertibly wrong about this.

14 Comments

  • Micky

    March 19, 2014

    “Finally Wrong”
    “Well, unfortunately, his streak of infallibility has just come to an end.”

    You’re joking, right ?

    The only streak this forked tongue weasel has is the yellow one running down his back.

  • Ray

    March 19, 2014

    Right. Or, at any rate, being sarcastic.

  • Micky

    March 19, 2014

    Yeah, I’m kinda dyslexic in picking up on or displaying sarcasm in print.
    Kinda sometimes kills the joke or obvious premise.
    I’m probably the biggest proponent for free speech, even if its pure unadulterated bullshit. But in the case with public forums, like any free market, you bullshit at the risk of getting away with it to stroke some vanity, sick need or other ulterior motives or get caught with the proverbial scripted sock in your pants and be branded as a eunuch.
    I’m just small potatoes, as are a huge portion of keyboard warriors who “just say anything” be it for shock or hits or just to piss someone off.
    In context, sometimes its pretty obvious (not withstanding my dyslexia) people are bullshitting.
    Anyway, I’m rambling.
    Krugman writes for one of the countrys largest publications, has a huge audience. Because of that fact one would think his free speech comes with a higher standard of responsibility.
    Along with his massive collection of lies, attacks based on doctored garbage and crap spun from whole cloth I find it absolutely mind boggling that the NYTs feels no embarrassment and still prints him or that he hasnt already been tarred and feathered in the middle of Greenwich Village.
    Or at least slapped in the head.
    But hey, what do I know ?
    The guys a Keynesian peddling his shit and making a handsome buck off it in a Capitalist Market.

  • Ray

    March 20, 2014

    You know more than you doth see.

  • Micky

    March 20, 2014

    Looks like its just you and I buddy.
    Certainly not as creepy as when you left everyone at “The Antisocialist” thinking you’d offed yourself.
    People were actually concerned and wanting to know how to check up on you. You got to admit, thats a rarity in the blogosphere. Some hang it up, leave the blog there as is, unmanned, abandonded like an ugly one night stand at a motel… and no one gives a shit.
    Theres about 20 blogs on my blog roll from 2007 and it would only bother me if I never heard from 2 or 3 of them.
    Anyway, I’ve been cruising around dropping links to your books along with a short history/dossier showing what a talent you are.
    Seems to be a little slow, everywhere. I think the general blogger is tiring of saying the same thing over and over as this Presidents idiocy has become all too predictable. You can only call someone stupid so many ways til you become numb as those who voted for him.
    Enjoy your Easter, roast a rabbit, some Lamb, fry some chicken.
    Wouldnt that be something if those guys all came back to life in three days ?
    Make a good scifi book

  • Ray

    March 21, 2014

    Just you and I, buddy — back where it all began.

    The Antisocialist was fun while it lasted — somewhat, anyway — but ultimately it all got too loco.

    A couple of years later, someone stole my logo and font and made a popular T-Shirt out of it. Check it out:

    http://www.thoseshirts.com/asi.html

    That was flattering.

    Happy Easter to you as well.

  • Micky

    March 21, 2014

    As soon as I saw that shirt I hadda have one. But upon further thought I decided against it.
    It has to say “THE” Antisocialist ”

    My son(he’s read a good part of your stuff) coined this phrase/battle cry that he uses whenever I get a live one that wants to argue Global Warming or something equally stupid.
    ” You gonna pull an Antisocialist on him dad? ”

    In other words, ditch my hang glider and bust out the B-2 bomber.

  • Ray

    March 22, 2014

    This is a true story:

    I once saw a guy wearing one of those shirts. I went up to him and said they had stole the logo and the font from my old website. I said it was my first website: the-antisocialist dot com. I told him the hyphen was a necessity — and a mistake. I said I had no problem with them stealing my design. I said, on the contrary, I was flattered. I told him furthermore that my friend Christine had designed the logo, and that really it was Christine they had pirated. He insulted me to my face — liar, queer, this and that — then offered me whiskey. I said nothing, and declined the job.

  • Joel

    March 22, 2014

    Funny story about the shirt Ray. The guys response sets it up alright, but your silent retort seals it.

    BTW – Is it wrong that I occasionally fantasize about that pompous windbag PG choking on his scarf?

  • Ray

    March 23, 2014

    Wrong? Joel, I’d be disappointed if you didn’t fantasize about it.

    Thank you for dropping by.

  • Micky

    March 24, 2014

    “liar, queer, this and that — then offered me whiskey. I said nothing, and declined the job.”

    Holy shit, what kinda job comes with a whiskey ?

  • Ray

    March 26, 2014

    What kind of job comes with a whiskey?

    The best kind and the worst kind.

  • Micky

    March 26, 2014

    And it doesnt really matter whos drinking it…

    It can still work out both ways

    When I come with a whisky, employment rates skyrocket.

  • Micky

    March 26, 2014

    I guess the silver lining here is that were discussing things less menial, but somehow more important, than Krugman.
    He reminds me of this guy who’d been standing next to my daughter while waiting in line to ride the toy choochoo train that circled the mall.
    Problem is, he had no kids of his own in his direct possession, and had a nasty stain off to the side of his zipper.

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