Paul Krugman Dismantles the Entire Premise of Trump's Candidacy @alternet:
"The heads of fact-checkers throughout the land exploded last week, as speakers at the RNC in Cleveland piled lie upon lie upon piles of lies. The favorite of all these lies is the one about crime running rampant and Americans in general being so very unsafe. It's just not true."
Showing posts with label Paul Krugman. Show all posts
Showing posts with label Paul Krugman. Show all posts
July 1, 2016
Paul Krugman Nails the GOP for Being the Party of Con Men—Just Like Trump @alternet
Paul Krugman Nails the GOP for Being the Party of Con Men—Just Like Trump @alternet:
"Trump's pile of frauds and schemes, all of which were fully evident before the GOP primary began, so why did no one bring them up? Trump University, his history of failing to pay contractors, and how he personally profited while running his casinos into the ground. Of course there is also the fact that he is not even as rich as he claims to be, nor as successful since he mostly inherited his wealth. None of this has been hard to dig up, but Trump's GOP rivals just didn't."
"Trump's pile of frauds and schemes, all of which were fully evident before the GOP primary began, so why did no one bring them up? Trump University, his history of failing to pay contractors, and how he personally profited while running his casinos into the ground. Of course there is also the fact that he is not even as rich as he claims to be, nor as successful since he mostly inherited his wealth. None of this has been hard to dig up, but Trump's GOP rivals just didn't."
June 19, 2016
Paul Krugman Nails the GOP for Being the Party of Con Men—Just Like Trump @alternet
Paul Krugman Nails the GOP for Being the Party of Con Men—Just Like Trump @alternet:
"Or what about the con that Paul Ryan is currently performing, Krugman asks. Making the repeal of the "so-called 'fiduciary rule' for retirement advisers, a new rule requiring that they serve the interests of their clients, and not receive kickbacks for steering them into bad investments," part of his so called “anti-poverty plan.” Let's face it, the party that wants to defend the right of financial advisors to rip off clients is, well, the party of grift. Trump is a perfect reflection of the party's values, no matter what they say, which is why, Krugman concludes, they were powerless to stop him."
"Or what about the con that Paul Ryan is currently performing, Krugman asks. Making the repeal of the "so-called 'fiduciary rule' for retirement advisers, a new rule requiring that they serve the interests of their clients, and not receive kickbacks for steering them into bad investments," part of his so called “anti-poverty plan.” Let's face it, the party that wants to defend the right of financial advisors to rip off clients is, well, the party of grift. Trump is a perfect reflection of the party's values, no matter what they say, which is why, Krugman concludes, they were powerless to stop him."
November 21, 2015
Paul Krugman: The GOP Candidates' Crackpot, Ayn Rand-Inspired Economic Theories @alternet
Paul Krugman: The GOP Candidates' Crackpot, Ayn Rand-Inspired Economic Theories @alternet
"Republican economics is as impervious to evidence and reason as Republican science."
"Republican economics is as impervious to evidence and reason as Republican science."
November 2, 2015
Krugman: Why Republicans Are Ferocious Liars About What Makes the Economy Work @alternet
Krugman: Why Republicans Are Ferocious Liars About What Makes the Economy Work @alternet
"Why does the economy do better under Democrats, and why do Republicans tend to lie about that fact? Despite Carly Fiorina's fallacious claims to the contrary, Hillary Clinton was right to say that the the country has had better economic times with a Democrat in the White House.
It's an ironic and inconvenient truth. All Republican candidates do is talk about economic growth. And then they pursue and peddle policies that have been demonstrated not to produce it, with tax cuts for the wealthy front and center. Krugman digs deep into the facts of matter:
The arithmetic on partisan differences is actually stunning. Last year the economists Alan Blinder and Mark Watson circulated a paper comparing economic performance under Democratic and Republican presidents since 1947. Under Democrats, the economy grew, on average, 4.35 percent per year; under Republicans, only 2.54 percent. Over the whole period, the economy was in recession for 49 quarters; Democrats held the White House during only eight of those quarters.
But isn’t the story different for the Obama years? Not as much as you think. Yes, the recovery from the Great Recession of 2007-2009 has been sluggish. Even so, the Obama record compares favorably on a number of indicators with that of George W. Bush. In particular, despite all the talk about job-killing policies, private-sector employment is eight million higher than it was when Barack Obama took office, twice the job gains achieved under his predecessor before the recession struck."
"Why does the economy do better under Democrats, and why do Republicans tend to lie about that fact? Despite Carly Fiorina's fallacious claims to the contrary, Hillary Clinton was right to say that the the country has had better economic times with a Democrat in the White House.
It's an ironic and inconvenient truth. All Republican candidates do is talk about economic growth. And then they pursue and peddle policies that have been demonstrated not to produce it, with tax cuts for the wealthy front and center. Krugman digs deep into the facts of matter:
The arithmetic on partisan differences is actually stunning. Last year the economists Alan Blinder and Mark Watson circulated a paper comparing economic performance under Democratic and Republican presidents since 1947. Under Democrats, the economy grew, on average, 4.35 percent per year; under Republicans, only 2.54 percent. Over the whole period, the economy was in recession for 49 quarters; Democrats held the White House during only eight of those quarters.
But isn’t the story different for the Obama years? Not as much as you think. Yes, the recovery from the Great Recession of 2007-2009 has been sluggish. Even so, the Obama record compares favorably on a number of indicators with that of George W. Bush. In particular, despite all the talk about job-killing policies, private-sector employment is eight million higher than it was when Barack Obama took office, twice the job gains achieved under his predecessor before the recession struck."
November 19, 2014
Paul Krugman on the Good News the GOP Does Not Want You to Know
http://www.alternet.org/economy/paul-krugman-real-lessons-great-american-ebola-panic-2014
"Leading Republicans suggested ignoring everything we know about disease control and resorting to extreme measures like travel bans, while mocking claims that health officials knew what they were doing.
In just a few short weeks, this despicable, irresponsible fear-mongering has been proven wrong, and surprirse surprise, our health officials actually did know what they were doing. Sometimes, good and responsible public policy based on actual science really works."
"Leading Republicans suggested ignoring everything we know about disease control and resorting to extreme measures like travel bans, while mocking claims that health officials knew what they were doing.
In just a few short weeks, this despicable, irresponsible fear-mongering has been proven wrong, and surprirse surprise, our health officials actually did know what they were doing. Sometimes, good and responsible public policy based on actual science really works."
November 18, 2014
Paul Krugman has good news — and the GOP doesn’t want you to hear it
Paul Krugman has good news — and the GOP doesn’t want you to hear it
"Take the Energy Department’s renewable energy loan program. Chances are that if you’ve heard of it, it’s because you’ve read about the failure of Solyndra, a renewable energy company whose failure cost the government more than half a billion dollars. Republicans pounced on Solyndra’s collapse to deride federal subsidies and crony capitalism, but they were mysteriously silent last week when the Energy Department reported that its renewable energy program has actually turned a $5 billion profit overall."
"Take the Energy Department’s renewable energy loan program. Chances are that if you’ve heard of it, it’s because you’ve read about the failure of Solyndra, a renewable energy company whose failure cost the government more than half a billion dollars. Republicans pounced on Solyndra’s collapse to deride federal subsidies and crony capitalism, but they were mysteriously silent last week when the Energy Department reported that its renewable energy program has actually turned a $5 billion profit overall."
June 2, 2014
Krugman: Climate Action Is ‘Remarkably Cheap,’ New EPA Rules Would Give ‘U.S. Economy A Boost’
www.thinkprogress.org/climate/2014/05/30/3443254/krugman-climate-action/
"Nobel prize-winning economist Paul Krugman explains for the umpteenth time that climate action is super cheap — and that even the pro-pollution U.S. Chamber of Commerce agrees."
"Nobel prize-winning economist Paul Krugman explains for the umpteenth time that climate action is super cheap — and that even the pro-pollution U.S. Chamber of Commerce agrees."
April 18, 2014
Krugman: Worried About Oligarchy? You Ain't Seen Nothing Yet | Common Dreams
Krugman: Worried About Oligarchy? You Ain't Seen Nothing Yet | Common Dreams
"And as Krugman explains to Moyers, the implications of a world dominated by the super-wealthy for regular working people is profound."
"And as Krugman explains to Moyers, the implications of a world dominated by the super-wealthy for regular working people is profound."
January 16, 2014
January 15, 2014
75 Economists Including Seven Nobel Laureates Endorse Senate Bill to Raise Minimum Wage
75 Economists Including Seven Nobel Laureates Endorse Senate Bill to Raise Minimum Wage
"$10.10 an hour minimum wage increase shows an improvement but is still not a living wage, which would be twice the poverty rate at $12 an hour."
"$10.10 an hour minimum wage increase shows an improvement but is still not a living wage, which would be twice the poverty rate at $12 an hour."
August 4, 2013
Krugman: Central Issue of Our Time is The Insanity of the GOP
Krugman: Central Issue of Our Time is The Insanity of the GOP
"In the short run the point is that Republican leaders are about to reap the whirlwind, because they haven’t had the courage to tell the base that Obamacare is here to stay, that the sequester is in fact intolerable, and that in general they have at least for now lost the war over the shape of American society. As a result, we’re looking at many drama-filled months, with a high probability of government shutdowns and even debt defaults."
"In the short run the point is that Republican leaders are about to reap the whirlwind, because they haven’t had the courage to tell the base that Obamacare is here to stay, that the sequester is in fact intolerable, and that in general they have at least for now lost the war over the shape of American society. As a result, we’re looking at many drama-filled months, with a high probability of government shutdowns and even debt defaults."
March 1, 2013
Economist Paul Krugman Reacts To Sequester Madness
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