A quick jab, and then a pummeling. Forever.
BY ALGERNON MUSTARD October 26, 2022 They must strip humanity of self-worth “If we discovered that, you know, space aliens were planning to attack, and we needed a massive buildup to counter the space alien threat, and, really, inflation and budget deficits took secondary place to that [collective purpose], this slump would be over in 18 months. And then if we discovered—oops—we made a mistake, there aren’t any aliens, we’d [still] be better [off.]” That was the sage advice from Paul Krugman, a Nobel-winning economist and prolific lefty, famous for writing that the Internet was a fad because nobody really had anything to say to one another (an opinion he now claims was a joke). It was during a discussion on CNN that Krugman offered his otherworldly advice for reviving the sluggish economy (strangely, the video in question appears to have been wiped from the Internet; you can watch this followup instead). Of course, Krugman’s plan ...