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Politics : View from the Center and Left

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To: Steve Lokness who wrote (216342)	2/7/2013 9:01:08 PM
From: JohnM	Read Replies (1) of 542007

Economics is way more complicated than Krugman tries to pretend it is as presented here I could pretend to "love it" when you try to tell Krugman he doesn't know his economics. Just as sarcasm. But I'm not up to it tonight. It's one thing to argue with Krugman about his conclusions; it's quite another thing to say you know that economics is much more complicated than Krugman does. Ouch. Now if you want to argue John that demographics isn't a very large part of the mess we are in - then argue that point. But to just dismiss my comments because you are a Krugman diehard fan isn't fair. AND, none of these comments are meant as support for Bush policies in any way - they were as I've said the worst!! Actually, if you check back, I argued about the Bush policies being the singular major source of the large deficits we now face as a point I wanted to make. Krugman also makes it. As for demographics, I gather you mean the baby boomers. I suspect they are a small source of the problem but, at least looking at the current debt, they are, at best, a smidging compared to the two wars, etc., that I listed. But, as we often do, we'll just have to agree to disagree.

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