9 votes

Tom Woods : Paul Krugman really is as bad as you thought

He really did advocate the creation of a housing bubble in 2003/03


The frightening path the government and the Federal Reserve have set out upon. $40tn+ debt by 2023. 250% of GDP

CBO spending plans. Future CBO growth projections are pure fantasy - they are assuming 3.5% GDP gowth a year - i.e. faster than the 3.3% growth during the boom years 1950 to 2000.
America won't even get 2% growth going forward - it hasn't since 2001.

The government and the Federal Reserve are acting like crazies - and the solutions to start turning things around.

The solutions
Cut $1.3tn+ of annual Corporate Welfare.
Drastically cut taxes for middle earners and below, a bit for small businesses, some for deficit reduction, break up the Corporate cartels, scrap Obamacare.

Then start on the next $500bn of government waste.
And reform entitlements - gradually raise the pension age.

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Bernanke, Krugman, and the rest of the bums...

Thank you Tom Woods! Let's all make sure that they are held fully accountable, and can't talk their way out of the next bubble(s) and their attendent disasters!

Keep up the good work!

Audit-and end-the FED!


"The worst thing that can happen to a good cause is not to be attacked successfully, it is to be defended badly". F. Bastiat

"First they ignore you, then they laugh at you, finally they attack you, and then you win"! Mohandas Gandhi

All I know...

Is that I was super disappointed to find out that his going bankrupt was a bunch of bum gouge. Eh... he's a tool regardless, setting himself up to be hated by the masses. F&*# em.

"We didn't start the fire. No, we didn't light it - but we tried to fight it."

he's not the sharpest tool in the shed.....

.....But he is a tool.

(much credit to "the office" for that great line)

Josh Brueggen
Jack of all Trades
Precinct Commiteeman Precinct 5 Rock Island Co Illinois