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Economy
See other Economy Articles

Title: No, We Can’t? Or Won’t?
Source: The New York Times
URL Source: http://www.nytimes.com/2011/07/11/o ... n/11krugman.html?_r=1&src=recg
Published: Jul 11, 2011
Author: Paul Krugman
Post Date: 2011-07-11 11:37:05 by lucysmom
Keywords: None
Views: 11513
Comments: 23

If you were shocked by Friday’s job report, if you thought we were doing well and were taken aback by the bad news, you haven’t been paying attention. The fact is, the United States economy has been stuck in a rut for a year and a half.

Yet a destructive passivity has overtaken our discourse. Turn on your TV and you’ll see some self-satisfied pundit declaring that nothing much can be done about the economy’s short-run problems (reminder: this “short run” is now in its fourth year), that we should focus on the long run instead.

This gets things exactly wrong. The truth is that creating jobs in a depressed economy is something government could and should be doing. Yes, there are huge political obstacles to action — notably, the fact that the House is controlled by a party that benefits from the economy’s weakness. But political gridlock should not be conflated with economic reality.

Our failure to create jobs is a choice, not a necessity — a choice rationalized by an ever-shifting set of excuses.

No, We Can’t? Or Won’t?">Click for Full Text!

No, We Can’t? Or Won’t?">Click for Full Text!

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#1. To: Badeye, A K A Stone, hondo68, Fred Mertz, Godwinson, go65, war, no gnu taxes, Skip Intro, ferret mike, jwpegler, brian s, mcgowanjm, Capitalist Eric, Mininggold (#0)

Excuse No. 3: It’s the workers’ fault.

Unemployment soared during the financial crisis and its aftermath. So it seems bizarre to argue that the real problem lies with the workers — that the millions of Americans who were working four years ago but aren’t working now somehow lack the skills the economy needs.

Yet that’s what you hear from many pundits these days: high unemployment is “structural,” they say, and requires long-term solutions (which means, in practice, doing nothing).

"It’s the workers’ fault." is class warfare propaganda.

Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.

lucysmom  posted on  2011-07-11   11:40:18 ET  Reply   Trace   Private Reply  


#2. To: lucysmom (#0)

No, we won't. Your commie overlord regime in the White Crib refuses to remove restrictions on American business, so business remains in a holding pattern until the Kenyan is gone and are no longer punitively taxed and regulated for success.

war has to do something for entertainment. The voices in his head aren't speaking to him and his imaginary friends have found reasons not to come over anymore.

Rudgear  posted on  2011-07-11   11:41:35 ET  Reply   Trace   Private Reply  


#3. To: lucysmom (#1)

The fact is, the United States economy has been stuck in a rut for a year and a half.

Gee, who's economic plan has been in place for the past 2 and a half years?

Owe-bama's.

Proxy IP's are amusing.....lmao

Badeye  posted on  2011-07-11   11:41:58 ET  Reply   Trace   Private Reply  


#4. To: lucysmom (#1)

"It’s the workers’ fault." is class warfare propaganda.

The Top 50 000 don't call it Class Warfare untiop we start fighting back...

They're such Whingers....8D

mcgowanjm  posted on  2011-07-11   11:44:04 ET  Reply   Trace   Private Reply  


#5. To: Rudgear, lucysmom (#2) (Edited)

No, we won't. Your commie overlord regime in the White Crib refuses to remove restrictions on American business, so business remains in a holding pattern until the Kenyan is gone and are no longer punitively taxed and regulated for success.

We have never had businesses as de-regulated and under taxed as we do now - not in any of our life times and the economy hit a great depression/recession.

And you kooks are still advocating for the proven failed ideology from the Reagan years of trickle down? It never worked you filthy morons.

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-07-11   11:59:40 ET  Reply   Trace   Private Reply  


#6. To: Godwinson (#5)

Kook response from a communist Euro-peon fanatic who openly hates the United States. Nothing you have to post is worth contemplating.

war has to do something for entertainment. The voices in his head aren't speaking to him and his imaginary friends have found reasons not to come over anymore.

Rudgear  posted on  2011-07-11   12:02:02 ET  Reply   Trace   Private Reply  


#7. To: Rudgear, lucysmom (#6) (Edited)

Kook response from a communist Euro-peon fanatic who openly hates the United States. Nothing you have to post is worth contemplating.

Europe is not communist and the way you use the term I don't think you know what communism is.

And you can refute the obvious fact this ideology that blames the lack of "deregulated" business environment as the reason for America's failed system is proven false since they are as deregulated and de-taxed as they have ever been in our life times or parent's lifetimes or grandparent's life times.

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-07-11   12:08:00 ET  Reply   Trace   Private Reply  


#8. To: Godwinson (#7)

Its pols and people are overwhelmingly socialist in outlook and vote accordingly. Don't tell me Greece is a bastion of conservatism, Destro.

war has to do something for entertainment. The voices in his head aren't speaking to him and his imaginary friends have found reasons not to come over anymore.

Rudgear  posted on  2011-07-11   12:11:38 ET  Reply   Trace   Private Reply  


#9. To: Rudgear (#8)

Socialism is not communism and the majority of the Europeans vote for centrist "mixed" economic policies.

None of that is communism. And I own villas in Europe. No commie hoard coming to take them from me is in sight.

How is life in the double wide trailer of trickle down ideology my poor deluded American friend?

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-07-11   12:14:11 ET  Reply   Trace   Private Reply  


#10. To: lucysmom (#0)

Hey, whiningold/loonymom, are you hiding behind the filter like the courageous and informed poster you are, ready for informed debate? Just like your handler war? Bwahahahahahaha!!!!

war has to do something for entertainment. The voices in his head aren't speaking to him and his imaginary friends have found reasons not to come over anymore.

Rudgear  posted on  2011-07-11   12:14:21 ET  Reply   Trace   Private Reply  


#11. To: Godwinson (#9)

Socialism is communism, stupid. You really are grasping at straws, aren't you Destro? I see Robin is lonely and the sole poster over at her site. Why don't you go over there and ask her what to do next?

war has to do something for entertainment. The voices in his head aren't speaking to him and his imaginary friends have found reasons not to come over anymore.

Rudgear  posted on  2011-07-11   12:15:53 ET  Reply   Trace   Private Reply  


#12. To: Rudgear (#11)

Socialism is communism, stupid.

No it is not, stupid. Is BMW owned by the German state? Mercedes-Benz? Volkswagen? Fiat? Citreon?

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-07-11   12:18:18 ET  Reply   Trace   Private Reply  


#13. To: Godwinson (#12)

What companies are owned by the Chinese state? Is China communist?

war has to do something for entertainment. The voices in his head aren't speaking to him and his imaginary friends have found reasons not to come over anymore.

Rudgear  posted on  2011-07-11   12:23:15 ET  Reply   Trace   Private Reply  


#14. To: Rudgear (#13)

Is China communist?

Is China in Europe? Moron.

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-07-11   12:27:32 ET  Reply   Trace   Private Reply  


#15. To: Godwinson (#9)

Socialism is not communism and the majority of the Europeans vote for centrist "mixed" economic policies.

The fascists hate it when you point out that European socialism is not communism.

Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.

lucysmom  posted on  2011-07-11   12:36:40 ET  Reply   Trace   Private Reply  


#16. To: Rudgear (#10)

Hey, whiningold/loonymom, are you hiding behind the filter like the courageous and informed poster you are, ready for informed debate?

Haven't we been through this before? If you were in my filter, you would be hidden, not me - I would remain right out in the open for all to see.

Do you want a debate or a name calling exchange?

Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.

lucysmom  posted on  2011-07-11   12:41:44 ET  Reply   Trace   Private Reply  


#17. To: lucysmom, Rudgear (#16)

Haven't we been through this before?

Rudgear does not know China is in Asia not Europe so I doubt he knows much of anything.

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-07-11   13:19:43 ET  Reply   Trace   Private Reply  


#18. To: lucysmom (#16)

Do you want a debate or a name calling exchange?

Oh, the fuckin IRONY....lmao

Proxy IP's are amusing.....lmao

Badeye  posted on  2011-07-11   13:20:33 ET  Reply   Trace   Private Reply  


#19. To: lucysmom (#0)

The truth is that creating jobs in a depressed economy is something government could and should be doing.

Aha, I get it...

This is supposed to be under "humor," because it certainly does NOT belong under "economics."

Unless you're a socialist.

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”
-- Joseph Goebbels --

The State can no longer hide the consequences of their 100-year lie. VERY interesting times are ahead.

Capitalist Eric  posted on  2011-07-11   18:28:05 ET  Reply   Trace   Private Reply  


#20. To: Rudgear (#11)

see Robin is lonely and the sole poster over at her site.

Traffic falling off, eh?

Well, maybe she'll let dummy DwarF and yukko-the-flaccid-clown come back, so she won't have to listen to the echoes of herself...

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”
-- Joseph Goebbels --

The State can no longer hide the consequences of their 100-year lie. VERY interesting times are ahead.

Capitalist Eric  posted on  2011-07-11   18:29:46 ET  Reply   Trace   Private Reply  


#21. To: Capitalist Eric (#20)

Well, maybe she'll let dummy DwarF and yukko-the-flaccid-clown come back, so she won't have to listen to the echoes of herself...

I miss slapping that sad sack wart around. I wonder if Stone will relent?

war has to do something for entertainment. The voices in his head aren't speaking to him and his imaginary friends have found reasons not to come over anymore.

Rudgear  posted on  2011-07-11   18:39:37 ET  Reply   Trace   Private Reply  


#22. To: Rudgear (#21)

I hope not.

DwarF is a POS. Period.

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”
-- Joseph Goebbels --

The State can no longer hide the consequences of their 100-year lie. VERY interesting times are ahead.

Capitalist Eric  posted on  2011-07-11   18:52:25 ET  Reply   Trace   Private Reply  


#23. To: Capitalist Eric (#22)

True.

war has to do something for entertainment. The voices in his head aren't speaking to him and his imaginary friends have found reasons not to come over anymore.

Rudgear  posted on  2011-07-11   19:01:59 ET  Reply   Trace   Private Reply  


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