Paul Krugman Gives Republicans A Good Verbal Lashing

scolding dog

Bad Senate! BAD Senate! No more holiday breaks for you.

For anyone feeling a tad, oh I don’t know, frustrated by the party line standstill that’s plagued the Senate this past year, please enjoy Krugman’s best lines excerpted here from his most recent NYT tour de force:

Today, American workers face the worst job market since the Great Depression, with five job seekers for every job opening, with the average spell of unemployment now at 35 weeks. Yet the Senate went home for the holiday weekend without extending benefits. How was that possible?

The answer is that we’re facing a coalition of the heartless, the clueless and the confused. […] By the heartless, I mean Republicans who have made the cynical calculation that blocking anything President Obama tries to do — including, or perhaps especially, anything that might alleviate the nation’s economic pain — improves their chances in the midterm elections.

So, is there any chance that these arguments will get through? Not, I fear, to Republicans: “It is difficult to get a man to understand something,” said Upton Sinclair, “when his salary” — or, in this case, his hope of retaking Congress — “depends upon his not understanding it.”

But Krugman is an equal opportunity scolder and he gives certain Democrats a good beating too:

But there are also centrist Democrats who have bought into the arguments against helping the unemployed. It’s up to them to step back, realize that they have been misled — and do the right thing by passing extended benefits.

Is anybody listening?

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6 thoughts on “Paul Krugman Gives Republicans A Good Verbal Lashing

  1. The Dems have 59 seats in the Senate (counting the two Independents), and the Pubs have 41. So, naturally this is the Pub’s fault. I guess that makes sense to Krugman. Of course, Krugman doesn’t know anything about economics, either.

  2. Don’t listen to John, keep reading Paul Krugman. You will find a cushy government job in no time, and you won’t have to actually work either.

  3. Every now and then I see Krugman on tv or quoted somewhere. I get this pang of anxiety. I mean, he’s so ubiquitous for an economist. He won a Nobel Prize. Maybe he knows something I don’t. Maybe his policy positions are correct.

    But then I read what he says or I listen to him speak. It’s always the same. He makes blatant logical missteps and seems to think that coming to a conclusion and making an argument are the same thing. He omits the arguments against his position, rather than responding to them. Basically, he’s full of shit.

  4. Krugman is a Keynesian-Monetarist political hack parading around the media circuit as an economist. If it was up to Krugman the stimulus would have been double the amount and “still, we could’ve done more”. To illustrate how grounded Paul is. his tune went from “we’re undoubtedly in a recovery” to “we’re entering the third Depression” in a matter of 5 weeks.

  5. Pingback: All the bedridden unemployed can rejoice! « Ivy Leagued and Unemployed

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