Another rebuttal of Krugman

https://danieljmitchell.wordpress.com/2015/03/21/greece-marxism-and-paul-krugman/
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Kinda funny how the last chart showing unemployment blows his whole theory out of the water. Without him even knowing it.
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Pretty sure the point is that employment in the PUBLIC sector is the issue. Big government leads to big taxes to support the big government. See how that works?
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His point is that liberals who want to spend their way out of a recession is wrong. The conservatives that want to sequester their way are right. Until you look at the chart and see that America spent it's way out (both conservatives and democrats) and has the best unemployment scenario.
 
https://danieljmitchell.wordpress.com/2015/03/21/greece-marxism-and-paul-krugman/
Click to expand...

Kinda funny how the last chart showing unemployment blows his whole theory out of the water. Without him even knowing it.
Click to expand...

Pretty sure the point is that employment in the PUBLIC sector is the issue. Big government leads to big taxes to support the big government. See how that works?
Click to expand...

His point is that liberals who want to spend their way out of a recession is wrong. The conservatives that want to sequester their way are right. Until you look at the chart and see that America spent it's way out (both conservatives and democrats) and has the best unemployment scenario.
Click to expand...

So you are saying the bailouts and stimulus BS is what got us out of the recession?
 
https://danieljmitchell.wordpress.com/2015/03/21/greece-marxism-and-paul-krugman/
Click to expand...

Kinda funny how the last chart showing unemployment blows his whole theory out of the water. Without him even knowing it.
Click to expand...

Pretty sure the point is that employment in the PUBLIC sector is the issue. Big government leads to big taxes to support the big government. See how that works?
Click to expand...

His point is that liberals who want to spend their way out of a recession is wrong. The conservatives that want to sequester their way are right. Until you look at the chart and see that America spent it's way out (both conservatives and democrats) and has the best unemployment scenario.
Click to expand...

So you are saying the bailouts and stimulus BS is what got us out of the recession?
Click to expand...

Both of those made the recession less severe.
 
Yes, markets are artificially inflated and don't trade freely... just like I said.
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Yet P/E ratio is still low. Keep listening to Rush and zero hedge. They've only been wrong about almost everything economically. That obamacare sure did crater the economy, right?
 
I hope you are joking. The writer is saying that Greece's approach of having so many people on the Government Payrolls eventually leads to massive problems (and continuing problems). Even a moderate Democrat would see the sense in that.

More libertarian propaganda
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