Paul Krugman

Last year New York Times columnist and Nobel laureate Paul Krugman called for space aliens to invade earth so that the government would spend money to mount a defense thereby stimulating the economy.

As aliens have yet to comply with Krugman's wishes, he advocated on HBO's Real Time Friday that scientists should get together and lie about an imminent attack to boost federal spending (video follows with transcript and commentary):

Bill Maher is either a blithering idiot, a pathological liar, or both.

On HBO's Real Time Friday, the factually-challenged financier of Barack Obama actually had the gall to say the President didn't support the recommendations of his National Commission on Fiscal Responsibility and Reform (aka Simpson-Bowles) because - wait for it! - Republicans didn't support it (video follows with transcript and commentary):

Leave it to America's strongest ally in the world to speak the truth.

On Thursday, England's Telegraph published an article with the absolutely glorious headline "Britain Can’t Afford to Fall for the Charms of the False Economics Messiah Paul Krugman":

New York Times columnist Paul Krugman on Sunday continued his campaign to get Barack Obama reelected by misinforming the public about the economy.

Appearing on CNN's Fareed Zakaria GPS, the Nobel laureate falsely claimed Republican presidential candidate Mitt Romney wants to enact Greece's failed economic policies here in America (video follows with transcript and commentary):

"Sometimes you do wonder if [Republicans] are moles, Manchurian candidates for I don't know who, if their real job is to bring down America."

So said New York Times columnist Paul Krugman on MSNBC's Martin Bashir show Friday (video follows with transcript and commentary):

Greece is the perfect example of the eventual outcome of unchecked spending – especially as it creeps closer and closer to defaulting on its massive debts, despite multiple government bailouts in May 2011. One recent BBC News headline warned: “Greece: ‘Default within the euro is possible’.”

But, looking back, some journalists predicted the opposite: that the Greek economy would survive because of government bailouts. Huge fan of government-deficit spending, Paul Krugman, has been writing about Greece a lot, arguing that its trouble is proof that austerity doesn’t work.

New York Times columnist Paul Krugman is doing a television tour for his book "End This Depression Now!" Charlie Rose interviewed him twice, once on CBS This Morning Monday, then that night for the full hour of Rose's PBS talk show. Krugman appeared on Bloomberg TV Tuesday debating Ron Paul, and the friendlier confines of MSNBC's Rachel Maddow show that night.

Krugman's economic recovery plan, no surprise, involves lots of government jobs, a smear of Rep. Paul Ryan's budget, and a cavalier attitude toward America's massive debt load: "Britain had debt that was well over 100% of for most of the 20th century. It's not a crisis level problem....you can live with 100% for decades on end." On Rachel Maddow he said Wall Street guys have "destroyed the world."

On Monday, CBS This Morning gave leftist New York Times columnist Paul Krugman a platform to promote his new book and to spout his usual prescription of massive government spending. Krugman also bashed Mitt Romney: "He's going to make Herbert Hoover look good by comparison." Anchor Gayle King boosted her guest by twice citing President Obama's praise for the author as "one of the smartest economic reporters."

Krugman briefly acknowledged the "long-term budget problem," but quickly added that "now is not the time to be slashing....Now is the time to be doing public works, to be rehiring those school teachers, to get this economy moving again." He also ripped the austerity measures taken by several European countries: "You look at what's happening in Europe and...we just learned that austerity is not the answer...the big problem now is not to have a new stimulus, but simply to reverse those cuts at the state level."

Google Chairman Eric Schmidt gave a much-needed economics lesson to New York Times columnist and Nobel laureate Paul Krugman on ABC's This Week Sunday.

During a lengthy discussion about liberal and conservative views on how to stimulate the currently soft recovery, Schmidt - a known Barack Obama supporter - marvelously said to his left-leaning co-panelist, "Surely you're not arguing that the government should hire all the unemployed people" (video follows with transcript and commentary):

The left-wing site Salon published on Sunday a 3,000-word excerpt from an essay by Paul Krugman and Robin Wells (his wife) published in The Occupy Handbook, a collection of essays from a spray of left-wing economics writers (plus Tyler Cowen) released yesterday in support of the leftist sit-in. From the book description at Amazon: "A guide to the occupation, THE OCCUPY HANDBOOK is a talked-about source for understanding why 1% of the people in America take almost a quarter of the nation's income and the long-term effects of a protest movement that even the objects of its attack can find little fault with."

Under the full headline "Economy killers: Inequality and GOP ignorance -- By failing Econ 101, Republican leaders failed the country and repeated the errors that caused the Great Depression," Krugman and wife spent almost 3,000 words blaming conservatives for the "rising inequality" that has caused an ineffective response to the financial crisis of 2008. In other words, don't blame Obama, but "the right."

New York Times columnist Paul Krugman's Monday column "The Gullible Center" bashed -- you guessed it -- Rep. Paul Ryan, and perhaps took a hidden swipe at "self-proclaimed centrists" who take Ryan's budget seriously, like fellow Times columnist David Brooks (Michael Calderone at Huffington Post noticed the jab).

It would not be the first time Krugman and Brooks conducted a secret grapple (Times policy discourages columnists from taking issue with each other.) In the fall of 2007 Krugman accused Ronald Reagan of launching his successful 1980 presidential campaign from outside Philadelphia, Miss., where three civil rights workers were murdered, as a sop to Southern racists. Brooks, himself an Obama fan, delivered an able defense of Reagan against Krugman's twisting of history, without mentioning Krugman, referring only to the slur "being spread by people who, before making one of the most heinous charges imaginable, couldn't even take 10 minutes to look at the evidence." Ahem.

Friday's New York Times column by Paul Krugman is titled "Paranoia Strikes Deeper." (It's evidently a sequel to Krugman's "Paranoia Strikes Deep" column of November 9, 2009. We eagerly await the final installment of the trilogy, "Paranoia Strikes Deepest," which should come out before the 2012 election.)

The New York Times’s most reliably conservative-loathing columnist, Paul Krugman, was interviewed for the March issue of Playboy, where he defended Occupy Wall Street (never mind all the crime and arrests), claimed that “environmental regulations could actually be creating jobs right now,” and defended his loathsome blog post from the morning of the 10th anniversary of 9-11.

Sympathetic interviewer Jonathan Tasini didn’t challenge Krugman’s Keynesian premises, though the introduction to the piece hit some of Krugman’s irritating character traits, like his arrogance, while noting the Obama “administration frets about what Krugman says...mainly because his voice is listened to by legions of liberals.” Krugman also indulged in the "broken window fallacy" when he claimed that more environmental regulations could create jobs. Some highlights:

Times Watch’s end-of-year awards issue celebrates the best of the worst quotes that appeared in the paper or were uttered by Times reporters and columnists during 2011.

The New York Times spent much of the year in pro-Obama defense mode, excoriating the Tea Party and conservative opposition to Obama's agenda. Yet the paper found one movement it could embrace wholeheartedly – the leftist campouts known as Occupy Wall Street. And sometimes - as when China-loving columnist Tom Friedman spouted, "If this were China they would have walked to the game in the snow, and doing calculus along the way," Times journalism was just too ridiculous to take seriously. Paul Krugman made his usual sterling showing as well, using the tragedies of 9-11 and the shooting of Rep. Gabrielle Giffords to attack conservatives.

This year there were three categories of bias:

Back in 2008 and 2009, the Media Research Center’s year-end awards for the Best Notable Quotables were dominated by journalists fawning over the greatness of Barack Obama. In 2008, our winner for “Quote of the Year” was Chris Matthews for his on-air exclamation that upon hearing Obama give a speech, “I felt this thrill going up my leg. I mean, I don’t have that too often.”

In 2008, New York Times columnist Paul Krugman was awarded the Nobel Prize in economics. At that time it wasn’t hard to imagine the Swedes were rewarding Krugman for eight years of blasting George W. Bush. In other words, the Nobel Prize truly matched its namesake: Alfred Nobel invented dynamite. Krugman regularly throws rhetorical dynamite at anything that stands in the way of his radical worldview.

Krugman outdid himself for outrage in 2011. Every year the Media Research Center collects a panel of willing conservative journalists and talk show hosts and puts them on a  sickening roller coaster ride through the worst media bilge of the last twelve months to arrive at the Best Notable Quotables of the Year. Paul Krugman sat in the sulfurous center with three “bests.”

It's always interesting to see how the several thousand readers who voted in the MRC's "public ballot" differed from the 48 media experts who selected our Best Notable Quotables of 2011 (a panel which included talk radio hosts Mark Levin and Neal Boortz, Human Events editor-in-chief Tom Winter and Boston Globe columnist Jeff Jacoby). This year, there were six categories where our readers and the judges disagreed -- although sometimes the margins were extremely close.

Let's start with the biggest disagreement, in the "Media Millionaires for Higher Taxes Award." By a healthy margin (68 to 53), our judges chose an April 17 quote from CBS's Bob Schieffer, as he was questioning Rep. Paul Ryan on Face the Nation: "Why do these rich people need another tax cut? I mean, they’re already rich....Why cut their taxes some more?"

Last week, MRC announced the results of our "public ballot" for the worst media quotes in 2011, sort of the "People's Choice Awards" version of our Best Notable Quotables of 2011. This morning, the official results -- chosen by a distinguished panel of 48 radio talk show hosts, magazine editors, columnists, editorial writers, and expert media observers -- are in, and New York Times columnist Paul Krugman has won the dubious honor of "Quote of the Year."

On the morning of September 11, 2011, during the ceremonies marking the tenth anniversary of the terrorist attacks, Krugman wrote on his NYTimes.com blog that conservative opportunists had "poisoned" the date: "The memory of 9/11 has been irrevocably poisoned; it has become an occasion for shame. And in its heart, the nation knows it.”

You knew this was coming.

Nobel laureate Paul Krugman - might he finally be realizing that our budget deficits can't possibly be solved by just eliminating the Bush tax cuts? - is now calling for marginal rates even higher than when Bill Clinton was in office:

Paul Krugman, who three months ago called for space aliens to invade earth in order to get the government to spend more money, attacked Republican presidential candidate Newt Gingrich on ABC's This Week Sunday referring to the former House Speaker as "a stupid man's idea of what a smart man sounds like" (video follows with transcript and commentary):

“Many [OWS] protesters say the lawless visitors constitute a tiny fringe and are not representative of the movement, which, they say, has espoused nonviolence and mutual aid. Some have suggested moving the kitchen area and the comfort station out of the park to discourage freeloaders from congregating there. But there are concerns that even if the criminal and antisocial elements are a small minority, they are becoming visible enough to tarnish the image of the entire group.” – From a November 6 story by Cara Buckley and Colin Moynihan.

vs.

“It was difficult, if not disingenuous, for the Tea Party groups to try to disown the behavior. They had organized the rally, and under their model of self-policing, they were responsible for the behavior of people who were there. And after saying for months that anybody could be a Tea Party leader, they could not suddenly dismiss as faux Tea Partiers those protesters who made them look bad.” – Reporter Kate Zernike on page 139 of her 2010 book “Boiling Mad – Inside Tea Party America.”

New York Times columnist Paul Krugman may not be making a speech addressing the lefties at the anti-Wall Street camp-out in Zuccotti Park, but he visited on Thursday and blogged about it at nytimes.com Friday morning, “Trying to Unwarp the Debate,” concluding with a big wet kiss to the protesters: “Thank you, OWS." He also unleashed personal insults at the "clownish" and dishonest Rep. Paul Ryan, who dared submit a credible federal budget plan.

New York Times columnist Paul Krugman appeared on Charlie Rose’s talk show on PBS Wednesday night to discuss the leftist-anarchist Occupy Wall Street movement against inequality. Krugman’s encomium to the movement (he recently turned down urgings by his lefty fans to speak at Zuccotti Park in Lower Manhattan) begins around the 6 minute 45 second mark of the segment:

New York Times columnist Paul Krugman’s Tuesday morning blog post no doubt left his hordes of leftist fans bereft: “Why I’m Not In Zuccotti Park.” That’s the space in Lower Manhattan that’s been occupied by the loose affiliation of leftist Wall Street protesters for four weeks running. The brief item in full:

It seems New York Times columnist Paul Krugman thinks the Occupy Wall Street protesters have been better behaved than Tea Party attendees.

Read the following paragraph from Monday's "Panic of the Plutocrats" and you be the judge:

New York Times columnist Paul Krugman showed his usual class when discussing Republican Rep. Paul Ryan, whose comprehensive budget plan calls for transforming Medicare into a voucher system in order to preserve the financially imperiled program and to trim the deficit. For his efforts, Krugman claimed that Ryan’s “voucher would kill people, no question.”

Krugman featured as a talking head in a CNN “Up Close” profile of Ryan by CNN journalist Gloria Borger that aired Sunday night.

[Video below the break.]

Classless Krugman on "Fake Heroes" of 9-11 like Bush

“What happened after 9/11 -- and I think even people on the right know this, whether they admit it or not -- was deeply shameful. The atrocity should have been a unifying event, but instead it became a wedge issue. Fake heroes like Bernie Kerik, Rudy Giuliani, and, yes, George W. Bush raced to cash in on the horror. And then the attack was used to justify an unrelated war the neocons wanted to fight, for all the wrong reasons.” – Columnist Paul Krugman in a blog post at nytimes.com the morning of September 11.
 

News Flash: Paying Taxes Now Voluntary, According to New York Times

“Obama Tax Plan Would Ask More Of Millionaires – Called ‘Buffett Rule’ – Populist Sales Pitch to Press the G.O.P. in Budget Talks.” –  Headline to lead story of September 18.
“President’s Plan On Deficit Mixes Cuts And Taxes – Foes See Class Warfare – Trimming Entitlements and Asking the Rich to Pay More.” – Headline to lead story of September 19.

In a Thursday morning post setting the table for last night’s Republican presidential debate in Orlando, New York Times chief “Caucus” blog reporter Michael Shear became the latest Timesman to falsely finger the Tea Party audience at a CNN debate last week as cheering on the prospect of letting a hypothetical man die for lack of health insurance.

Shear listed six things to watch for in Orlando last night. The last item:

The lengths Paul Krugman will go to further the lie that the rich don't pay their "fair share" of taxes knows no bounds.

In his New York Times column Friday, the Nobel laureate in economics claimed, "[T]he federal tax burden has fallen for all income classes":