Daily Archives: October 5, 2015

More Lies From Krugman

Here it is Monday, which means another column of lies from Paul Krugman in the Atlanta Urinal and Constipation. Krugman is one of those liberals progressives rat bastard commies who think that you can tax your way to prosperity and that tax cuts are eeeeevil. As such, he has to lie to prove his point. For example, he sez,

Tax cut enthusiasts have a remarkable record: They’ve been wrong about everything, year after year.

Of course, Krugman ignores the Kennedy tax cuts back in the 60’s which stimulated the economy. And he really ignores the Reagan tax cuts which caused the largest peace time expansion in the 20th Century. The Reagan boom lasted until the last year of the Bush 41 administration where there was a minor burp that BJ claimed was “the worst economy in the last 30 years”. One thing you have to remember, Clintons always lie. Krugman claims it was the Clinton tax increase which got us out of the minor recession when we were already out before he even took office and the Reagan expansion continued. Clntons aren’t the only people who always lie. SJWs do. Liberals Progressives Rat bastard commies do. Paul Krugman always does. What else does he say?

Undaunted, the same people predicted great things as a result of George W. Bush’s tax cuts. What happened instead was a sluggish recovery followed by a catastrophic economic crash.

As opposed to the wonderful economy that Obungler has given us. Unemoloyment under Obumbler still has not reached the low numbers under Bush when unemployment was in the 4’s. Neither has the growth rate. I’ll take the “sluggish recovery” under Bush 43 over the “green shoots”, “recovery summer”, and “funemployment” under Oblunder. The job participation rate just reached a 38 year low under Obongo. Why is this? The job killing entitlement program called Obummercare with its high premiums and increased taxes. Meanwhile, the problem of uninsured people still remains. Obummercare didn’t solve any problems and like most gummint programs only made more problems. And as for that “catastrophic economic crash”? That was caused by the gummint forcing banks to give loans to people unable to make the payments. Banks redlined for a reason and it had nothing to do with race except for the fact that blacks by and large couldn’t afford houses and wouldn’t take care of them if they did buy them, sumpin’ that was proven by the “catastrophic economic crash” brought to us by the SJWs. Ready for another whopper?

Most recently, the usual suspects once again predicted doom in 2013, when taxes on the 1 percent rose sharply due to the expiration of some of the Bush tax cuts and new taxes that help pay for health reform. What happened instead was job growth at rates not seen since the 1990s.

WTF? Job growth? With a labor participation rate at the lowest in the past 38 years? Do people actually believe this drivel? Obummercare has been a jobs killer. The only reason that the unemployment rate has reached the level it has is because it doesn’t count the people who have given up looking for work. The real unemployment rate is over 12%. We’re in recession level unemployment. And now he compares Kansas to Mexifornia again.

Then there’s the recent state-level evidence. Kansas slashed taxes, in what its right-wing governor described as a “real live experiment” in economic policy; the state’s growth has lagged ever since. California moved in the opposite direction, raising taxes; it has recently led the nation in job growth.

My friend Jeremy, who lives in Kansas, debunked that in a comment on a post I wrote about Krugman two weeks ago.

Kansas has been beating the national average since Brownback was elected. The GOP hate him because he is a true conservative. Unemployment here is at 4.6 compared to a national 5.1. Mexifornia sits at 6.1. Moonbat claims there are 1.06 million fewer unemployed. I guess that means half a million went back to Mexico, and the others spread out across the nation.

I’ll be willing to bet that the state that actually leads the country in job growth is Texas. You don’t see people moving to Mexifornia looking for work unless they are Mexicans coming across the border or Asians looking for work in Silicon Valley. Meanwhile, people are flocking to Texas. People are actually leaving Mexifornia and moving to other states. That’s why rental rates for U-Hauls leaving Mexifornia are higher than U-Hauls going to Mexifornia. It’s that old supply and demand thing that liberals progressives rat bastard commies have so much trouble with. More BS from Paul.

True, you can find self-proclaimed economic experts claiming to find overall evidence that low tax rates spur economic growth, but such experts invariably turn out to be on the payroll of right-wing pressure groups (and have an interesting habit of getting their numbers wrong).

Oh the irony from someone who continuously lies and makes up numbers to support his views. The experts who claim tax cuts spur economic growth live in the real world and not Krugmanland.

Independent studies of the correlation between tax rates and economic growth, for example by the Congressional Research Service, consistently find no relationship at all. There is no serious economic case for the tax-cut obsession.

Except real world examples like the Kennedy tax cuts and the Reagan tax cuts. The Bush tax cuts did far more for the economy than the Obeazeau policies that Krugman extols or the mythical Mexifornia “job boom” that he lies about.

All you have to know about Krugman is that he was an economist for Enron. Also that he is unable to write a column without lying. SJWs always lie.