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Wednesday, April 25, 2012

This May Explain a Lot -- Obama is learning economics from someone who is delusional

In the latest Rolling Stone, president Obama gives another of his re-election interviews. There is not that much noteworthy about the piece, but this question and partial answer caught my eye:

Do you read Paul Krugman?
I read all of the New York Times columnists. Krugman's obviously one of the smartest economic reporters out there
.

For those of you who do not know, Krugman is a professor of economics and a columnist for the New York Times. He won the Nobel prize for economics due to his work regarding international trade. Despite the prize, Krugman puts forth positions in his columns which could never be called economic analysis. In truth, Krugman is willing to distort accepted economic theory in order to promote a liberal political agenda. If you have any doubt about this, I suggest that you read some of my prior posts about Krugman here or here.

The United States is in trouble if Obama is listening to Krugman. Wait, the USA is in trouble! Obama has got to go.

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