The Krugmaniacal Baloney behind the Bush Bust: Raise Taxes!! What Else?

We can always discover the salient details about the current vectors that the far left intend to use to destroy our capitalist society from the political essays of the NYT—aka the Walter Duranty Papers[1].  Today, the hopeful notion that the economy has finally succumbed to leftist political attacks and squeezing oil supplies while employing wild spending on social programs is in full blossom.

We will employ the usual diagnostics for the pedestrian –level propagandas as we always do with those automatons[2] who labor at the New York Times. Our krugmaniacal hero from the Times struggles in a manner very like these wondrous machines and are a cut above sausage machines. Today, he tosses in two mental teasers that might give the mundane the notion that he is skidding toward objectivity, but, fortunately, he recovers and gets back into his tautological screeds on tax whoring and socialism.

“By huge margins, Americans think the economy is in lousy shape — and they blame President Bush. This fact, more than anything else, makes it hard to see how the Democrats can lose this election.”[3] - By Paul Krugman Published: July 7, 2008

The left always wins in depressions, famines, war and during inflationary events.  Let us all hope for a depression! Worked for FDR.

“But is the public right to be so disgusted with Mr. Bush’s economic leadership?”

Here, the propagandistic sleight of hand appears, much a shell game gimmick, where the central premise is self-questioned and then the final conclusion weighted down by the weight of the evidence. We have to slog through this mental muck to get to the final conclusion: raise taxes.

Of course Bush is to blame! He is a tax-cutting capitalist. Raise Taxes!

“First things first: pay no attention to apologists who try to defend the Bush economic record. Since 2001, economic conditions have alternated between so-so and outright bad: a recession, followed by one of the weakest expansions since World War II, and then by a renewed job slump that isn’t officially a recession yet, but certainly feels like one.”

 Can we insert a few items about Democrat spending by Congress and talk about their sorry 12% approval rating? No, this broad view of the economy doesn’t fit into this screed so we will limit the blame to Republicans. Can we pay attention to that?

“Over all, Mr. Bush will be lucky to leave office with a net gain of five million jobs, far short of the number needed to keep up with population growth. For comparison, Bill Clinton presided over an economy that added 22 million jobs.”

Clinton left us with an economic slump [the Clinton Gore Recession] and we should add in the 8-12 million jobs taken by illegal aliens here to be fair. That gives Bush more than Clinton.

Then, the conclusion explodes in song and verse and mystical lights:

“And what does Mr. Bush have to say about this dismal record? “I think when people take a look back at this moment in our economic history, they’ll recognize tax cuts work.” Clueless to the end.”

We knew that tax-whoring[4] could be explained, celebrated and electrified by any and all strange stories and by straining economic statistics through a scraggy, porous leftist filter. There are no other alternatives to tax hikes because the leftist cannot make money in any other manner except, of course, for prostitution, drug sales, slavery, and fast-running abortion mills.

So, we turn the old rusty crank:

And we turn back to the central premise of tax whoring. This sly question as to why many should   “…so disgusted with Mr. Bush’s economic leadership” is apparently inserted to confuse the ignoble and serve as a reference to show that Krugman is ‘fair’ or other such element of subterfuge.  He weights the evidence and make an objective conclusion and politics is never part of his thinking. He is an economist.

“Yet even liberal economists have a hard time arguing that Mr. Bush’s cluelessness actually caused the poor economic performance on his watch. Tax cuts didn’t work, but they didn’t create the Bush bust. So what did?”

The magician now has his hat open for all to see and   what will he pull out?

Here they are!!

“At the top of my list of causes for the lousy economy are three factors: the housing bubble and its aftermath, rising health care costs and soaring raw materials prices. I’ve written a lot about housing, so today let’s talk about the others.”

The housing matter is related to supply and demand, a law that Krugman is loath to talk about as many criminals, persons of low credit and marginal intelligence thought they could milk the system, yell racism or bias and they get their mortgages paid by the government.  When some market turns down it must be something unfair or contrived by the evil capitalists. Some will succeed. Recall that the phony Greenlining[5] project laws allowed the deliberate cover-up of the credit ratings of many dopers, illegal aliens, criminals and dead beats and that does have an effect on the markets. This is just another form of tax where votes are bought by your tax money.  Any mechanism to get money can be justified by the left including sloth, sodomy, murder and    slavery. All they have is your money and they want much m0re.

Krugman cannot handle the notion that markets rise and fall, but when they go down it is time to hike taxes and criticize capitalism and bawl for socialism as usual. We can expect little else.

“Most public discussion of health care focuses on the problems of the uninsured and underinsured. But insurance premiums are also a major business expense: auto makers famously spend more on health care than they do on steel.”

Yes, this is cost-push inflation. From this, we must assume that the government could do it cheaper as they do in Cuba[6] for $130 per person per year!! I wonder why most liberals don’t migrate to Cuba or North Korea, places more in line with their mentality and politics.

Socialism on the way and justified by:

“One of the underemphasized keys to the Clinton boom, I’d argue, was the way the cost disease of health care went into remission between 1993 and 2000. For a while, the spread of managed care put a lid on premiums, encouraging companies to expand their work forces.

But premiums surged again after 2000, imposing huge new burdens on business. It’s a good bet that this played an important role in weak job creation.”

The only thing Slick Willie did that was successful was to diddle Monica with a cigar. Then he blew up an aspirin factory in Sudan! Great Work Billy.

Do we recall the Hillary Scare when or government restricted such things as blood panels to ‘save money?” What that did was to demoralize clinicians and force blood tests to be rerun only on the basis of symptoms. But, where is the cost projections from Hillary on how much her program would cost? It is still absent. Nobody can talk about this. Where is he Krugman essay on Hillary Care costs?

A complete lie then justifies the previous fluff:

“If Bill Clinton’s attempt to reform health care had succeeded, the U.S. economy would be in much better shape today. But the attempt failed — and let’s remember why. Yes, the Clinton administration botched the politics. But it was Republicans in Congress who blocked reform, as Newt Gingrich pursued a strategy of “coagulation” designed to “clot everyone away” from Mr. Clinton.”

A lot of Democrats voted against Hillary Care too! The leftist use of the the word ‘reform’ means tax increases. Tax Tax Tax.

At a minimum, the cost if implementing socialized medicine would have been 200 bln per year as she wanted to hire a mere 160,000 pen pushers to run her programs. She would also have limited medical procedures [except abortion of course] and illegal aliens would have been welcome to sponge on the system.

Hopefully, California will default soon[7]  as will NJ[8] and the reason is the excessive healthcare and benefits of their union state and city and county employees. Their disintegrations can show us some facts about socialism run amuck.

This hopeless screed oozes onward toward the usual socials latrines and summarized today’s lesson in Marxism with:

“And bear in mind that John McCain has gone to great lengths to affirm his support for Republican economic orthodoxy. So he’ll have no reason to complain if, as seems likely, the economy costs him the election.”

So, we learn, again, that capitalism and Republicans are responsible for all evils and some Democrat, unmentioned here, will win the election because of lousy economics by the left. How about a racist bigot for president with gutter-level Chicago credentials? That works for many on the left.

Krugman fails to address the usual points:

[1] How will you pay for expensive social programs by raising taxes? Who will pay these new exorbitant taxes and fees? The upper half now pays 96% of all taxes. When you increase taxes on the wealthy do they just shift things around to avoid excessive taxes? Does revenue increase when taxes are raised?

[2] How do you wish to handle the national debt, made mammoth and unworkable possible by 30 years of Congressional spending, dominated by Democrats? How do we pay that down?  Raise taxes!

[3] Where is the cost-push essay on oil and how supply and demand effects are raising costs on everything? Shall we tax Exxon and force the gasoline prices down?

[4] Where is the nuclear energy factor here where we can product electricity for 3 cents per kilowatt-hour? France can do it. So can Japan.

[5] What do we do about the War on Terrorism? Surrender and   send economic aid to the Islamo-Fascists.

[6] What do we do about 12 million illegal aliens who violate our laws and there would be 30 million more if we don’t   close the borders?

[7] Where the economic analysis of costs and such for the phony Cap and Trade Follies? Can we save money by taxing energy? Algore and his phony Marxian stooges, known now as EcoNazis, have conjured the biggest tax scam in the history of the world and the simple-minded Brits[9] have bought into his scheme. [10]

[8] What is the price of left liberals and their stooges murdering thousands in our inner cities each year?[11] Philly is now at 406 per annum. Detroit leads the list. What is the social cost here? Do we blame Bush or tax cuts for this liberal spender? New Jersey is now 4^th world. [12]

[9] What are we doing about Social Security going broke? The liberals said we had ‘plenty of time.’

So, we end another leftist propaganda piece by the most famous non-economics of the New York Times. We can commend Krugman here for his sorcery and a bit of entertainment and  for a few tricks that might have misdirected the cognitively disnimble, but the message came forth like an involuntary colonic discharge. Raise Taxes and finance big government. We are always indebted to the Times for their amusing and instructive political propaganda pieces. They are fun and show us that the left have nothing else to do but howl and complain about capitalism and attempt to grunt and grab their share of the wealthy with phony taxes and worse.

The liberals will say and do anything to get more political power and grab more wealth. Anything at all.

rycK

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