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Economic Tsunami Is Upon Us, Not

Original post made by Arnold, Another Pleasanton neighborhood, on Jul 21, 2014

Okay, okay, so me and other right-wing scumbags lied about the so-called fiscal crisis. But if you want to undercut our President's recovery efforts (the nation's welfare be damned), if you want to discredit public school teachers, if you want to subvert progressive efforts to redistribute wealth in a just manner, what else is left when one really doesn't have any substantive arguments? So, until later ... beware of Greece!!! (Just kidding!!!)

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Comments (19)

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Posted by Cholo
a resident of Livermore
on Jul 21, 2014 at 8:48 am

(Removed because it was irrelevant)


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Posted by liberalism is a disease
a resident of Birdland
on Jul 21, 2014 at 9:05 am

liberalism is a disease is a registered user.

One more quarter of negative GDP and we're officially back in an Obama recession. Time to start cooking the books, lefties...........


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Posted by Arnold
a resident of Another Pleasanton neighborhood
on Jul 21, 2014 at 10:38 am

Well thought out, Disease, carefully argued, very insightful. Have anything to say about Krugman's piece? Didn't think so. Oh, you gave up reading after the first sentence or two because it's too difficult for you? Thought so. And "Obama recession?" Do you think readers are as stupid as you are? Oh, yes? I thought so.

Better go back to the convicted criminal D'Souza's 7th-grade, fascist screed, the profits from which he'll use to pay off his unsuccessful lawyers.

BTW, I apologize to all PW readers for having spewed for years lies about the deficit and how our black president is making us like Greece.


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Posted by liberalism is a disease
a resident of Birdland
on Jul 21, 2014 at 2:28 pm

liberalism is a disease is a registered user.

Faux-arnold:
"About those projections: The budget office predicts that this year's federal deficit will be just 2.8 percent of G.D.P., down from 9.8 percent in 2009. It's true that the fact that we're still running a deficit means federal debt in dollar terms continues to grow — but the economy is growing too, so the budget office expects the crucial ratio of debt to G.D.P. to remain more or less flat for the next decade."

Your use of a NY Times shill for obama discounts any point you feebly tried to make. Krugman, another obama apologist, who dutifully says up is down, down is up, don't pay attention to the man behind the curtain, there is more tranquility around the world, etc. It's laughable how the obama sycophants all nod in agreement when one of these goofs spouts their misdirection and you all suck it up, like so much free swill.
Leave the lessons is economics to those of us who are still working for a living to support our families. When you can balance a checkbook, maybe you can weigh in on a subject other than overdrafts.


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Posted by A Neighbor
a resident of Another Pleasanton neighborhood
on Jul 21, 2014 at 3:48 pm

From his bio on the NYT site: Paul Krugman joined The New York Times in 1999 as a columnist on the Op-Ed Page and continues as professor of Economics and International Affairs at Princeton University. Mr. Krugman received his B.A. from Yale University in 1974 and his Ph.D. from MIT in 1977. He has taught at Yale, MIT and Stanford. At MIT he became the Ford International Professor of Economics. Mr. Krugman is the author or editor of 20 books and more than 200 papers in professional journals and edited volumes.

Doesn't sound like a goof spouting misdirection to me.


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Posted by A Neighbor
a resident of Another Pleasanton neighborhood
on Jul 21, 2014 at 3:51 pm

Not to mention Mr. Krugman won the 2008 Nobel Prize in Economics. Hard to refute his experience, excellencee and expertise with such a resume.


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Posted by Cholo
a resident of Livermore
on Jul 21, 2014 at 4:10 pm

Paul Krugman, AMERICAN HERO! VIVA PAUL KRUGMAN! VIVA!

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Posted by Arnold
a resident of Another Pleasanton neighborhood
on Jul 21, 2014 at 4:39 pm

The pitiful Disease quotes Krugman, but then finds himself incapable of engaging the quote. Anyone surprised? Of course Disease is incapable of dealing rationally with anyone, let alone Paul Krugman. I think, given his scrambled egg thoughts, he'd be a lot happier over on Cushing's blog, which is where the yokel right-wingers go to find parity in discourse.


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Posted by Formerly Dan from BC
a resident of Bridle Creek
on Jul 21, 2014 at 4:48 pm

Formerly Dan from BC is a registered user.

Paul Krugman was a paid advisor to Enron.


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Posted by Cholo
a resident of Avila
on Jul 21, 2014 at 4:56 pm

(Removed because it was irrelevant)


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Posted by Please
a resident of Castlewood
on Jul 21, 2014 at 4:58 pm

Arnold,
Get some fresh air or have a drink and relax. I am getting tense just from reading your stuff. The economy is in terrible shape. The price of gas has doubled as have many types of food in the last few years. Has you salary doubled?


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Posted by Formerly Dan from BC
a resident of Bridle Creek
on Jul 21, 2014 at 4:59 pm

Formerly Dan from BC is a registered user.

If the shoe fits...


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Posted by BG Gruph
a resident of Apperson Ridge
on Jul 21, 2014 at 5:06 pm

When a poster's best arguments are that the NY Times is unreliable and Dr Krugman is a hack, well fella, I believe it's time for you to retire to your padded hovel under the bridge.


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Posted by Pretty please
a resident of Foothill Place
on Jul 21, 2014 at 5:16 pm

"Please" is right. I just looked up gasoline prices from 6 years ago, the July before Obama began his rampage against our pocketbooks, and you know what the price of a gallon was back then? $4.06!

What more proof do you need before you'll accept that the current administration is driving our economy into the ground? Bay Area home prices? Unemployment rate? The stock market?


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Posted by Formerly Dan from BC
a resident of Bridle Creek
on Jul 21, 2014 at 5:43 pm

Formerly Dan from BC is a registered user.

Please cite the underlying policies of the current administration that are responsible for the increase in home prices and the stock market.

I won't be holding my breath waiting for your response.



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Posted by Formerly Dan from BC
a resident of Bridle Creek
on Jul 21, 2014 at 5:44 pm

Formerly Dan from BC is a registered user.

Sorry, that last comment was directed at Pretty please or WYNIT.


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Posted by Please
a resident of Birdland
on Jul 21, 2014 at 5:59 pm

You are a liar. Gas was $1.82 national average in August 2008. Don't be a liar. Obama is the worst President ever. Travel a bit and ask outside of libetalville


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Posted by liberalism is a disease
a resident of Birdland
on Jul 21, 2014 at 7:16 pm

liberalism is a disease is a registered user.

Uptight Arnold, Krugman is every bit a knowledgable about economics as obami is about the constitution. And equally as nonpartisan as the campaigner in chief. In any case, we all noticed you can't cite any of the policies this administration has authored that have turned the stock market around. That's because the best thing that has happend is the gridlock that the congress has had to employ to negate the actions of the misguide amateur occupying the White House. At most, he can take credit for having done nothing, which apparently is his strong suit.


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Posted by caywen
a resident of Del Prado
on Jul 22, 2014 at 1:25 pm

caywen is a registered user.

Not to argue for or against anything, here are historical gas prices since mid-2008:

Web Link


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