In response to:

Flooded by Keynesianism

Zerubbabel Wrote: Nov 03, 2012 4:40 PM
I simply made an observation of reality and made no pretense at being an apologist for Krugman nor keynesian economics. If you are making a moral judgement it is against our economic system of consumerism.

Hurricane Sandy was an invader, one that splashed ashore with as much destructive power as any foreign (or perhaps interstellar) invader could hope to bring to bear against our coasts. Thus, in the opinion of economist Paul Krugman, the storm should help boost the American economy.

“If we discovered that, you know, space aliens were planning to attack and we needed a massive buildup to counter the space alien threat and really inflation and budget deficits took secondary place to that, this slump would be over in 18 months,” the Nobel Prize winning economist declared on CNN in 2011....