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To: bentway who wrote (273629)9/6/2010 1:32:53 PM
From: Skeeter BugRespond to of 306849
 
krugman is such a sinister, conniving piece of elitist trash.

the reason america boomed out of the 30s was because the rest of the world was laid waste and america had the productive capacity to service the world.

1. we no longer have that productive capacity. krugman's buddies moved it off shore - i don't recall him making too big as stink and he now pretends it never happened.
2. europe isn't laid waste this time around, so there is little to fix.

a deceptive weapons of mass debt pusher, this guy is.



To: bentway who wrote (273629)9/6/2010 2:22:13 PM
From: Les HRespond to of 306849
 
I saw somewhere that 40% of the stimulus jobs had gone offshore. Even most of the work in Afghanistan and Iraq is being performed by mostly day laborers from SE Asia. If you just contract out to firms, you have no control over where the jobs are being created. The government and the taxpayers are being sucked dry by the outsourcers and privatizers. The same thing occurred in Japan. The exporters used the low interest rate loans and R&D tax subsidies to move their factories offshore.



To: bentway who wrote (273629)9/6/2010 3:23:50 PM
From: Pogeu MahoneRespond to of 306849
 
Is krugman copletly drunk when he writes his column?

"because it’s hard to see anything like the miracle of the 1940s happening again."


What a douchebag.



To: bentway who wrote (273629)9/6/2010 10:26:46 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
Krugman conveniently ignores the role that destroying nearly all non-US manufacturing capacity had in getting us out of the depression. "It was the spending"....yes of course, why didn't I think of that!</sarcasm>