Krugman the Hypocrite
Noel Sheppard Quoting Paul Krugman:
If we discovered that, you know, space aliens were planning to attack and we needed a massive buildup to counter the space alien threat and really inflation and budget deficits took secondary place to that, this slump would be over in 18 months. And then if we discovered, oops, we made a mistake, there aren’t any aliens, we’d be better—
So, let me see if I can wrap my head around this. Krugman is saying that a fake war with aliens will literally save the economy, but the $700 billion1 we’ve spent on a real war in Iraq is contributing to the current economic crisis. Oh, except for that one article where he argued that the Iraq war actually helped stimulate the economy.
Do you think Liberalism is just a special case of pseudologia?
- $700 billion is the number Krugman attributes to President Bush for the Iraq war in his 2009 article A note on the Bush fiscal legacy ↩