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Politics : View from the Center and Left

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To: JohnM who wrote (210888)	12/7/2012 6:31:23 PM
From: Steve Lokness	2 Recommendations Read Replies (2) of 541816

<<<<< But it does boil down to the question of which of you is the better political economist.>>>> We don't know how good an economist Krugman is because his ideas are summarily dismissed by even democrats. There is a reason for that! As to me being an economist - I surely am not. But I'm guessing you aren't either. So you have hitched your horse to Krugman and I have hitched mine to Obama's. Thing is no real economist in power has ever prescribed to Krugmans extreme ideology so we'll never know just how wrong he is. So far Obama has done pretty good. Not great but pretty good. I try not to be insulting to individuals, but I do think money is real and I do think it has to be paid back - with interest - and since there isn't a chance in the world we do it now, that means your kids and my kids get the bill. That means we are living beyond today what we are willing to pay for. And so how is that working out for our kids as to what kind of world we are leaving them?

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