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Defending Cato from the Predictably Inaccurate Ramblings of Paul Krugman

HistoryLover Wrote: Feb 18, 2013 6:26 PM
I can't believe that anyone takes this idiot Krugman seriously are even bothers to waste their time reading anything he writes. But then we have to realize that half the population is below the median IQ and they are Obama's base and voted him in office. So at least some of these low IQ voters probably believe what Krugman says.
Free Man3 Wrote: Feb 18, 2013 9:56 PM
Krugman is no more than a dishonest political hack to whom truth is a malleable thing indeed. If the truth puts him at a political disadvantage his obvious response is to build an alternative truth and work mightily to sell it as if it is the original item. That there are dishonest and dishonorable men of that sort is not as scary as the mental illness that allows them to actually convince themselves the imposter truth of their own invention is actual truth. Krugman is delusional.
Stuart95 Wrote: Feb 18, 2013 7:17 PM
Low-IQ voters and low-information voters do not read the Times and have never heard of Paul Krugman.

Krugman caters to relatively well-read, intelligent, liberal readers whose sensibilities are flattered by his Keynesian, class-warfare schtick. It's like how we feel when we read stuff like this column - verified; even triumphant.

It's an emotional thing, and you will not change their minds by voicing the truth. They have heard the truth many times, but always drift back to the comforting words of Krugman because the truth challenges their image of themselves as morally superior, compassionate, caring people, fighting tirelessly for justice and fairness.
Bondman60 Wrote: Feb 20, 2013 11:58 AM
I think reading the NYT by definition makes one a low-information voter.

Writing for the New York Times, Paul Krugman has a new column promoting more government spending and additional government regulation. That’s a dog-bites-man revelation and hardly noteworthy, of course, but in this case he takes a swipe at the Cato Institute.

The financial crisis of 2008 and its painful aftermath…were a huge slap in the face for free-market fundamentalists. …analysts at right-wing think tanks like…the Cato Institute…insisted that deregulated financial markets were doing just fine, and dismissed warnings about a housing bubble as liberal whining. Then the nonexistent bubble burst, and the financial system proved dangerously fragile;...