Theodore's World: Paul Krugman rationalizes Solyndra: “We’re talking as if a billion dollars is a lot of money” ~ Good Grief!

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June 04, 2012

Paul Krugman rationalizes Solyndra: “We’re talking as if a billion dollars is a lot of money” ~ Good Grief!

Paul Krugman rationalizes Solyndra: “We’re talking as if a billion dollars is a lot of money”

Wild Thing's comment........

Typical stupid democrat. It is OUR money you are taking so lilghtly you idiot.

Posted by Wild Thing at June 4, 2012 02:50 AM


Last week's commentary by MSNBC’s limp wristed leftist Chris Hayes, a New Yorker who enjoys his constitutional right to free speech, a right defended and protected by American men and women in uniform who have put their lives on the line so that he could in turn dishonor them by saying on national television on Memorial Day itself that he feels uncomfortable calling our fallen military heros because in his perversion it justifies war, is all but a continuing act de ballet now this week with this economist and New York Times columnist prima ballerina.

Watching/listening to this dance in the clouds of these effete commentators with the broken vowels in their speech, it's as if you can visualize them in full dress tutu and brisé elevé movements with free spin pirouettes so lost in their own modicum as conflicted Manhattan intellectuals.

Seriously though, in this economist's world there are no constraints, no limitations on government spending. He and John Maynard Keynes have been wrong all along to think government can spend and spend and spend our way to prosperity as they so mistakenly equate public sector spending with private sector spending.

Massive public spending on public works programs does not erase historic unemployment, it does not produce an economic recovery, it only postpones one. History proves this to be true.

Just as in the 1930's of FDR prior to the advent of World War II, we are now in 2012 half way through a lost decade. Let us hope it is only a decade.

Because in all certainty there shall be consequences to this administration's legacy of profligate never-before-seen deficit spending creating trillions in public debt, more than any other government administration in the history of the world.

It will prove to be the greatest challenge to the resiliency of this republic in a dramatically changing and dangerous world.

Posted by: Carlos at June 4, 2012 07:41 AM

What's a billion here or a billion there? After all, it's not their money being blown and after all, it's going to Obama supporters.

Posted by: BobF at June 4, 2012 09:22 AM

I'm doing what I can to prepare for a round of massive inflation. These many decades of frivolous deficit spending and resulting debt should lead to inflation as the dollar and all other world currencies devalue. This is a repeat of Carter's 70's economic disaster.

Posted by: TomR, armed in Texas at June 4, 2012 12:58 PM

Thank you all sooooo much.

Posted by: Wild Thing at June 5, 2012 01:24 AM