Why does everyone hate Paul Krugman so much

[wannaberocker]

Bob murphy needs to grow a krugman like beard.

 

[Thread_Maker]

Why did this get one star? Nobody would treat Kucinich like this.

 

[Unelected]

Krugman is a waste of life. He's like that character Ellsworth Toohey from The Fountainhead. All he does is spew communist bullshit and crap economics.

Krugman's brand of collectivism is the biggest threat to our movement.

 

[Nate-ForLiberty]

Why did this get one star? Nobody would treat Kucinich like this.

Kucinich /= Krugman

 

[headhawg7]

He ADVOCATED in favor of creating the housing bubble before he "predicted" it....Krugman's Communist style economics is why USA is going down the toilet.... read http://www.TomatoBubble.com

This is correct. Here is a quote from a august 2002 article:

The basic point is that the recession of 2001 wasn't a typical postwar slump, brought on when an inflation-fighting Fed raises interest rates and easily ended by a snapback in housing and consumer spending when the Fed brings rates back down again. This was a prewar-style recession, a morning after brought on by irrational exuberance. To fight this recession the Fed needs more than a snapback; it needs soaring household spending to offset moribund business investment. And to do that, as Paul McCulley of Pimco put it, Alan Greenspan needs to create a housing bubble to replace the Nasdaq bubble.

Link to the NY times article:

http://www.nytimes.com/2002/08/02/opinion/dubya-s-double-dip.html

He was one of the biggest cheerleaders behind greenspan lowering rates and creating a housing bubble. Of course he predicited it....HE FREAKING WANTED ONE!!! When that didn't work and it imploded he then advocated for a stimulus. Well...they passed the stimulus and all it did was add more debt. Then he claims "it wasn't big enough". Why do people still listen to this guy?

 

[MJU1983]

Paul Krugman, the epitome of Epic Fail.

 

[RideTheDirt]

he predicted the housing bubble, he's against the war, against tarp, against torture, and the war on drugs. He's just like dennis kucinich, a principled leftist.

Maybe he's not perfect, but he's someone we can work with on most issues.

lol!

 

[Koz]

Trollolllolllollo

 

[MJU1983]

Checked my facebook, this was near the top of my feed. I thought, I know where this is going!

 

[raiha]

He is furious with S&P for downgrading US$. That, in itself, is worthy of contempt!

PS It is so wearisome this troll accusation thing when someone asks questions. Live and let live.

 

[LibertyEagle]

PS It is so wearisome this troll accusation thing when someone asks questions. Live and let live.

I agree.

A newbie comes on here and asks a question and he gets attacked. Totally uncool.

 

[axiomata]

He's the epitome of smugness.