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Author Topic: Supercommittee Doomed to Failure and Krugman is Excited  (Read 687 times)

Offline Conley

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Supercommittee Doomed to Failure and Krugman is Excited
« on: November 18, 2011, 09:43:47 AM »
It’s a bird! It’s a plane! It’s a complete turkey! It’s the supercommittee!

By next Wednesday, the so-called supercommittee, a bipartisan group of legislators, is supposed to reach an agreement on how to reduce future deficits. Barring an evil miracle — I’ll explain the evil part later — the committee will fail to meet that deadline.

If this news surprises you, you haven’t been paying attention. If it depresses you, cheer up: In this case, failure is good.

http://www.nytimes.com/2011/11/18/opinion/krugman-failure-is-good.html

This one is pretty myopic, even by Krugman standards. Ugh.
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Offline Midwest Media Critic

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Re: Supercommittee Doomed to Failure and Krugman is Excited
« Reply #1 on: November 18, 2011, 09:46:17 AM »
All this hype and then at the very last minute they will strike a deal thats lets all keep their hands in the cookie jar.  >:(
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Offline Conley

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Re: Supercommittee Doomed to Failure and Krugman is Excited
« Reply #2 on: November 18, 2011, 09:51:45 AM »
Oh yeah, they will make sure they get theirs. That was always a given. :(

However another showdown with the debt ceiling won't be good for anyone except for bond holders who are going to see the Treasury have to raise rates. At least they are still better than other government bonds, but it is going to add to our already massive debt and for no good reason.
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Offline Mister D

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Re: Supercommittee Doomed to Failure and Krugman is Excited
« Reply #3 on: November 18, 2011, 11:21:28 AM »
Watching Krugman shake uncontrollably under O'Reilly's gaze was unforgettable. I can't see the guy's face without thinking of that interview.
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Offline Conley

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Re: Supercommittee Doomed to Failure and Krugman is Excited
« Reply #4 on: November 18, 2011, 11:35:48 AM »
:D I'll have to look for a video clip of that.
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Offline Mister D

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Re: Supercommittee Doomed to Failure and Krugman is Excited
« Reply #5 on: November 18, 2011, 12:07:38 PM »
Quote from: Conley on November 18, 2011, 11:35:48 AM
:D I'll have to look for a video clip of that.


Clip of Tim Russert - Paul Krugman vs O'reilly


Watch his hands and face.
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"Pushing people forward simply because of their colour, irrespective of merit, would be most unfortunate and would of course lead to disaster. It would mean that Rhodesia would then develop into a kind of banana republic where the country would in no time be bankrupt."


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Offline Mister D

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Re: Supercommittee Doomed to Failure and Krugman is Excited
« Reply #6 on: November 18, 2011, 12:08:47 PM »
He squirms in his chair.  :D
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Offline jgreer

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Re: Supercommittee Doomed to Failure and Krugman is Excited
« Reply #7 on: November 18, 2011, 12:16:37 PM »
You would squirm too if someone was yelling at you and shouting lies
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Offline Mister D

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Re: Supercommittee Doomed to Failure and Krugman is Excited
« Reply #8 on: November 18, 2011, 12:25:48 PM »
Quote from: jgreer on November 18, 2011, 12:16:37 PM
You would squirm too if someone was yelling at you and shouting lies

No, I wouldn't.  :D
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"Pushing people forward simply because of their colour, irrespective of merit, would be most unfortunate and would of course lead to disaster. It would mean that Rhodesia would then develop into a kind of banana republic where the country would in no time be bankrupt."


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Offline jgreer

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Re: Supercommittee Doomed to Failure and Krugman is Excited
« Reply #9 on: November 18, 2011, 12:29:02 PM »
I guess you are used to being caught in your lies then
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