Paul Krugman seems to the mastermind behind Democrat economic policies. With that in mind, will Democrats listen to him, rather than repeating nonsense about cap-and-tax creating new jobs?
There will be more wind farms built. There will be people retrofitting power plants to reduce their emissions. There will be people weatherproofing housing and commercial buildings.”
What economists would say is that employment would be just about the same as it would have been otherwise, but it will be a different mix of jobs.
This is a sharp contrast with the sales pitch put forward by its advocates:
This legislation will create millions of clean energy jobs, put America on the path to energy independence, and cut global warming pollution.” said Chairman Waxman.
According to the Heritage Foundation, this legislation will have a net effect of destroying almost 1 million jobs. While it’s not surprising that Paul Krugman is more optimistic about the effect, even he is willing to call out Democrats for this snowjob. The question is whether the mainstream media will continue to let Democrats make such nonsense claims, or whether they’ll tell the truth about the damage this bill will do.
Via Pethokoukis.
Oh, it will create (or save) jobs alright.
Lammo Monday, June 29th at 3:17PM EDT (link)Just not for Americans living in the United States. A whole new category of jobs will be created. In addition to “Jobs Americans won’t do” we will now have “Jobs Americans won’t be allowed to do” like mining, drilling, refining, manufacturing, etc. These will now have to be done by someone else in some other country. That’s what raises the treachery of the Cap & Trade 8 to the level of treason, if you ask me.
ACORN: Association of Criminals Obama Represented in the Nineties. (jupitersuite)
Don’t be so open minded that your brains fall out. (Fr. John Corapi, SOLT)
Crime never takes a holiday. (Dennis J. O’Shea, R.I.P.)
Unlawful is against the law. Illegal is a sick bird. (Ooold joke)
Outside of a dog, a book is a man’s best friend. Inside of a dog it’s too dark to read. (Groucho Marx)
Where have we heard this "one million" before?
6eorge Jetson Monday, June 29th at 3:41PM EDT (link)Oh, yeah
I'm getting tired
gonzo55 Monday, June 29th at 4:26PM EDT (link)of hearing about how a gas which accounts for only .0053% of the Earth’s atmosphere is going to kill us all. Please.
“Facts are stubborn things” — Ronald Wilson Reagan
Well call these folks at home..I have!
snewb098 Monday, June 29th at 6:26PM EDT (link)Bono Mack (CA) (home office) 760-323-8810 (DC) 202-225-5330
Castle (DE) (home office) 302-428-1902 (DC) 202-225-4165
Kirk (IL) (home office) 847-940-0202 (DC)202-225-4835
Lance (NJ) (home office) 908-518-7733 (DC)202-225-5361
Lobiondo (NJ) (home office) 609-625-5008 (DC) 202-225-6572
McHugh (NY) (home office) 315-782-3150 (DC)202-225-4611
Reichart (WA) (home office) 206 275-3438 (DC) 202-225-7761
Chris Smith (NJ) (home office) 609-585-7878 (DC)202-225-3765
they ignore
snewb098 Monday, June 29th at 6:27PM EDT (link)Email and faxes.
I just told them to plan a new career in 2010.
We will never forget.
I despise Krugman
aesthete Monday, June 29th at 7:08PM EDT (link)Most of his work is highly disingenuous in the way that it plays with statistics, and many of his statements are subjective, at best. I remember reading an article where he attempted to argue that continental Europeans are happier than others because of welfare, but he didn’t put in any sources for any of statistics that he was citing, and didn’t even bother to use a statistic or fact to try and verify his claim that continental Europeans are “happier” than those of other developed countries.
Guilt is a rope that wears thin.
-Ayn Rand
“I am a freeman in a free state!”
-Last words of Dumnorix, chieftan of the Aedui, 54 BC
here is an excellent description of Krugman I got
kyle8 Monday, June 29th at 7:40PM EDT (link)from the Q and O site.
nom de guerre says:
June 28, 2009 at 22:54
krugman, despite his ‘credentials’ as an academic and nobel prize winner (LOL), may be the single most intellectually dishonest writer-”thinker” on the planet. he’ll say whatever it takes to make his case that day – black is white; up is down; war is peace – at the top of his lungs and with a straight face, and then loudly deny ever having said such things in the next day’s column, should changing events necessitate a change of narrative. the guy makes michael moore and janene garofolo look thoughtful and logical. he’s just a silly, mendacious little man doing his best to act grown-up, and the only method he seems to know is to parrot what all the fashionable tall people on the upper west side are currently saying. mix that in with a little econ BS, and you’ve got every krugman column ever written.
“Nothing works like freedom, Nothing succeeds like liberty”
Kyle
Haha! So true
aesthete Tuesday, June 30th at 1:07AM EDT (link)The sad thing is, he should know better. None of the economists that I know, and few that I have read, agree with any of the distinctive features of Krugman’s brand of Keynesianism. Even under the strictures of Keynesianism, his points make little sense.
Guilt is a rope that wears thin.
-Ayn Rand
“I am a freeman in a free state!”
-Last words of Dumnorix, chieftan of the Aedui, 54 BC
I also like his recent kick of blaming the economic crisis on Reagan
aesthete Tuesday, June 30th at 1:09AM EDT (link)Esp. after his faux outrage at Republicans for blaming the crisis on Carter (which is a misinterpretation of what their argument is).
Guilt is a rope that wears thin.
-Ayn Rand
“I am a freeman in a free state!”
-Last words of Dumnorix, chieftan of the Aedui, 54 BC