Quote:
Originally Posted by ryberg
Not when 60 rather than 50 is the de facto minimum number of votes required to pass something, thanks to filibustermania. From your link:
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Key word being mostly .Which i would say would be safe to conclude that not all Dems(the smart ones) voted for another one of Obamas useless economic solutions. Maybe he should stop listening to inept economists of the likes of Krugman.
No-one should be particularly surprised that Krugman once again asserts that government is ‘not spending enough’ – that has been his song and dance seemingly forever. We say ‘seemingly’ mainly because he
sotto voce condemned government spending when the previous administration engaged in it. So the Keynesian advice on deficit spending seems only applicable when the administration is not a Republican one. However, we don’t want to quibble too much over Krugman’s inconsistencies, which are in the main a result of his occupation as a political hack. We are here to quibble with his economics. As regards the Nobel Prize, it is routinely handed to people in support of interventionism and statism, so we think of it rather as a contrary indicator these days. Some good economists may occasionally receive a Nobel prize, but receiving the prize is not
per se proof positive that the recipient is a good economist – it is more likely to signify that the recipient is considered palatable to the welfare/warfare state establishment.
Monty Pelerin's World » Paul Krugman Exposed by An Austrian Economist