Krugman Flies into a Stupor over the Economy and Wants Passion.

Political Ideas are frequently derived by a narrow redaction of isolated historical events and then intercalating the extract with some current observation or fanciful wish. Using this ‘synthesis’ theorem, the basis of Marxism, any necessary prediction may be hastily hatched and justified by merely citing the numerous examples.  After perusing a shrewd assortment of events and numbers the new idea may have perfection as an attribute while conveniently avoiding the truth or any other complications. Today we are treated to such a pedestrian-level tactic from the New York Times--aka the Walter Duranty Papers[1] --where, in this case, pure emotion drives the clarion calls to get out the vote.

Let’s all smoke some political crack.

We begin our journey into the particulars of polemics and manufactured hysteria with this opening salvo in the War against Capitalism from Paul Krugman[2]:

“By rights[sic], John McCain should be getting hammered on economics.” It’s the Economy Stupor [sic] By PAUL KRUGMAN[3]-- [Emphasis is mine in all quotes. This link references all quotes in this essay unless otherwise noted. ]

Krugman means, of course ‘lefts’ in this slur.  Alerted by his warping of the Clintoonery Slogan of the past, the lefties are caught in some sticky form of stupid stupor if they don’t mobilize the drug addicts, illegal aliens, hookers and other losers to stuff ballots. No poll has ever had Obama over 49% and now he is in the mid 40s or so.

The liberals have hoped for a sinking economy and a major loss in the War on Terrorism and they harp on these two themes like two metastatic tumors search for their target organs. We must look carefully at the taxes and spending the leftists offer the voters to show that they cannot possibly have growth, retire any of the debt or even collect the necessary  tax revenues at our current levels. Tax hikes generally return fewer dollars and people just make the proper adjustments to investments, costs and income. These socialist fruit cakes offer only promises and goodies and freebies with no way to pay for them except higher and even higher taxes. That alone will sink the economy.

Here is the way I see things:

[1] We have a massive 10 trillion debt. We have a 400 billion dollar debt service.

[2] There is no intent to pay back the debt by any national party or any state.

[3] We have massive spending and enormous deficits that add to the debt.

[4] We have too many phony employees working for the government. The more crime we have the more workers we need to ‘reeducate’ them into society.

[5] The tax whores are hungry. The left has no future without your money.  They need your money and you probably do not have enough to satisfy them.

So, with higher spending and higher taxes the tax revenues will drop and the debt load will increase. The only way out of this is INFLATION. With some good Jimmy Carter economics [10-20% per year inflation] we can we can retire our debt or render it insignificant.  
 

Stagflation and unemployment naturally follows.

So, Krugman ignores the numbers and goes for personalities and emotion:

“After all, Mr. McCain proposes continuing the policies of a president who’s had a truly dismal economic record — job growth under the current administration has been the slowest in 60 years, even slower than job growth under the first President Bush. And the public blames the White House, giving Mr. Bush spectacularly low ratings on his handling of the economy.”

Congress had a 9% approval rating lately. Where is that figgered in here? We have had about 3.5-4% unemployment in his first 7 years and excellent growth so Krugman has ‘fixed’ his numbers. Has he forgotten Jimmy Carter? It is best that Krugman cherry-pick his facts so as to make his maudlin theater appeal to the losers and low class who must vote for Obama soon. He cannot put up a realistic plan to balance the budget, reduce our debt and maintain our economy. Such a plan if fully implemented would sink the left and ruin the careers of most politicians.

“But while polls continue to show that the public, by a large margin, trusts Democrats more than Republicans to handle the economy, recent polling shows that Barack Obama has at best a small edge over Mr. McCain on the issue — four points in a recent Time magazine poll, and he is one point behind according to Rasmussen Reports, which does automated polling. And Mr. Obama’s failure to achieve a decisive edge on economic policy is central to his failure to open up a big lead in overall polling.”

Now, Krugman approaches the snake pit. Senator Obama [not mister] cannot give a speech where he talks about paying for socialized medicine, illegal aliens, rebuilding our bridges and other infrastructure, raising new taxes and targeting oil companies with excess profits taxes.  He mujst avoid the Social Security problem as well. The reason is that the numbers don’t work out. He has a trillion dollars in promised new spending spread over the first 2-3 years of his impending administration and the taxes and/or debt necessary to implement this socialism will sink the economy. Add that to our 3 trillion dollar ‘budget’ and 10 trillion debts and you cannot make this work.

Here is reality talking:

“In Fiscal Year 2006, the U. S. Government spent $406 Billion of your money on interest payments* to the holders of the National Debt.”[4]

“This National Debt is the third largest expense in the federal budget.”

Krugman must cover over this ulcer lest those with average or higher cognitive skills [e.g. Bell Curve[5]] might do some calculations and get a serious financial shock. These ‘people’ who want to talk about the economy are the same ones who want high gas prices, a cost push inflation vector that will make all commodity prices soar by cutting or stalling supply from  drilling and exploration.

So, the krugmaniacal one must slither around the facts and post some slobbering lament based on personalities to help the current left-liberal Afro-Leninist[6] who would wreck our economy and impose socialism upon us.

“Why isn’t the Obama campaign getting more traction on economic issues?”

“It’s not the Republican offensive on offshore drilling. It’s true that many Americans have apparently been misled by bogus claims about gas price relief. But as I’ve already pointed out, Democrats in general retain a large edge on economic issues.”

Yes and no, as the liberals are getting stuffed on the gas issue. Some plastic-faced massage parlor queen[7] flitters away from Congress on some failed book signing tour and fails to act on an energy bill. The idiot liberals have no regard for a sound economy and would like to see a depression like the wonderful chance FDR got.

“Nor is there any valid basis for the complaints, highlighted in Sunday’s Times, that Mr. Obama isn’t offering enough policy specifics. Delve into the Obama campaign Web site and you’ll find plenty of policy detail. And the campaign’s ads reel off lots of specific policy proposals — too many, if you ask me.”

Not true. He mumbles and includes no coherent discussion of the costs. His numbers are way too low and phony. He conjures up phony hat tricks like that notion that we can just pump up our tyres [tires][8] and save all the oil we might get from new drilling off shore.[9]

“I was astonished at the flatness of the big economy speech he gave in St. Petersburg at the beginning of this month —…”

So were the rest of us. He cannot showcase his Afro-Leninism/Marxism/Black Liberation Theology precepts too far out in front or he will confirm for us what he really is.

“Obama surrogates have shown a similar inclination to go for the capillaries rather than the jugular.”

Hillary would not have made this mistake.

“Of course, Mr. Obama hasn’t given his own acceptance speech yet. Al Gore found a new populist fervor in August 2000, and surged in the polls. A comparable surge by Mr. Obama would give him a landslide victory this year.

But it’s up to him. If Mr. Obama can’t find the passion on economic matters that has been lacking in his campaign so far, he may yet lose this election.”

August is mostly gone. Obama, or O’Bozo[10] the Marxist Clown as I prefer to say, cannot put his tax-whoring, EcoNazi[11] precepts into words in front of the cameras because the voters will suddenly notice that he is just another Commie Pig [Like Dukakis, Gore and Kerry]grunting for the White House.

What O’Bozo needs is to have Joe Biden as VP. That would add in a bunch more psychotic emotion, a bit of sleaze and ‘balance’ his ticket. That would also give us two lawyers for one. One would obviously be an affirmative action advocate and street panhandling expert and the second a slick academic cheater. This blend is a winner for the far left.

Let us all get emotional here.

rycK

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