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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (282351)

11/7/2015 10:19:49 AM

From: koan

Read Replies (1) | Respond to of 541906

Please take this as constructive advice. I would never challenge Krugman on economics and I have taken a lot of economics. I almost majored in it. He knows so much more than I do. What I do is find and follow great minds that the other great minds have already vetted. I am not able to critique Krugman or Stiglitz as they are light years ahead of me, and you, intellectually on that subject.

I try to stick to stuff I feel confident I understand, or pose as theory if I just sort of understand it. Knowing what one does not know is the first step to understanding. Then try to post within your understanding with a clear argument. Stick to stuff you are pretty sure you can back up.

E.g. the RW is guilty of usually saying things that have no meaning e.g. well that is not constitutional. They have no idea what that even means. because it means nothing.

With regard to the post below you are misunderstanding Krugman. He does not think in the simple terms you assign to him.

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Koan;
Well its hard to explain in short enough writings. Can't be done in short little sound bites. But here goes because I think you're a deep thinker;

Krugman has been arguing for years that Japans problem (this is always his reasoning by the way) ...is that Japan just didn't stimulate enough and that is the reason for the lost decade - more like two decades now. BUT the thing is that Japan has been stimulating massively and it just hasn't worked. I hope you read the article - all of it! Because if you had read the article you would have learned that increasing Japan just can't find stuff to stimulate. That they are building roads and airports that just don't get used. .............It's actually a no brainer once you inject demographics into the discussion. .........So take this one more step; what do you think of Obama's Keystone Pipe line decision? You have to love it right? BUT that's infrastructure. That's what democrats have been screaming for more of. AND this is my argument against Krugmans ever shouting more stimulus more stimuls. If political leaders followed Krugmans thinking - we would already be building the pipeline. >>

To: Steve Lokness who wrote (282351)	11/7/2015 11:09:17 AM
From: Alex MG	Respond to of 541906

what do you think of Obama's Keystone Pipe line decision? You have to love it right? BUT that's infrastructure. That's what democrats have been screaming for more of what a lame analogy... the Keystone Pipe Line would not have created that many jobs, it's been well documented Obama and dems would rather invest in clean energy and not put the environment at risk by putting a pipeline through heartland USA The oil sands in Alberta are some of the world’s dirtiest and most environmentally harmful sources of fossil fuel