Hahaha “Not Cuba.” Does he wish it were? What does he think of the US financial system? “It’s not Zimbabwe, but it’s trying at least!” Krugman is such a joke. I guess the government can make itself seem more “efficient” given that it can compel its consumers to consume and does not need to thus spend on “inefficiencies” like marketing (yeah, imagine having to incentivise a potential client to consume!) I love the bit on privatising fire protection, the military &c., and how supposedly Blackwater is a privatised military. Such bullshit.
How can I be expected to take somebody who extols social security as the “crown jewel” of FDR’s welfare legacy seriously? That’s like praising God for an incoming nuclear bomb.
Oh noes! Private business pays for advertising! Advertising equals evil! Evilness, I say! lol
I know at some point I will meet this man. I don’t think I will resist throwing my forehead into his. I like his laffer curve of welfare. He and Bernanke have ruined Princeton for all time. I will never hire a person who graduates from there with a economics/finance degree. EVER