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Wednesday, November 9, 2016

Paul Krugman, "The Economic Fallout": The Sky Is Falling



I am forced to admit that for the sake of world stability, I preferred the person with the paranoid personality disorder over the world class narcissist. On the other hand, I can't help denying a perverse sense of pleasure (schadenfreude?) at witnessing the comeuppance of someone who thought she was above the law.

Shed a tear for America's would-be Evita? I don't think so. She can continue to rake in money for/from the Clinton Foundation. Or perhaps not. Now that she's no longer going to be president, why would anyone want to "donate" to this would-be philanthropic enterprise (I'm being charitable).

But more to the point, in his latest New York Times op-ed entitled "The Economic Fallout," Paul Krugman would have us know:

"It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?

Frankly, I find it hard to care much, even though this is my specialty. The disaster for America and the world has so many aspects that the economic ramifications are way down my list of things to fear.

Still, I guess people want an answer: If the question is when markets will recover, a first-pass answer is never."

Come on, Paul, don't be a sore loser! I suggest you make an appointment with the Donald and suggest your platinum coin idea for rescuing the American economy. What, even the Donald wouldn't buy into such a stupid idea? Well, I've got a suggestion for you: Have the US Treasury mint the coin with Donald's face etched onto it, and he just may agree.

3 comments:

  1. oops. US stocks recovered from that -800 point future in time for the opening bell - on way to setting Historic high today.

    Trump beat the Bushes, Political Correctness, the Clintons, and...
    most of all, Trump beat the MSM. No more dynasties.

    and even helped the GOP win the New York State Senate.

    The NYT should move HQ to Mexico before Times Square is renamed Trump Square (just kidding about the renaming part).

    The New York Observer is a MUCH better newspaper. Kudos to Trump son-in-law Jared Kushner.

    Les Deplorables win everywhere.

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  2. forgot: the biggest loser is Obama's legacy, especially that un-Affordable Care Act and Iran nuclear "deal".

    Too ironic that HRC's concession call to DJT came just before 3:00 a.m. EDT.
    JG should start reading Claremont Review and amgreatness.com.

    and, I am so happy that the "Jewish vote" was NOT a factor. American Jews chose the Democratic Party over being Jewish.

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  3. a test to see if you still have a sense of humor:

    http://www.powerlineblog.com/archives/2016/11/the-week-in-pictures-the-epic-trumpening-special-double-edition.php?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+powerlineblog%2Flivefeed+%28Power+Line%29

    ReplyDelete