Batsh*t crazy Progressive/liberal economist Paul Krugman – We need a space alien attack to stimulate the economy!

square-large-looneyThis is how bad it’s gotten for Obama suckers in the media and left wing progressive liberal economists. Praying for space aliens to attack us in order to stimulate the economy. Loony toons Paul Krugman actually said this on CNN with that American hating Obama adviser “Fareed Zakaria GPS.” Check out the following video posted by Newsbusters.

PAUL KRUGMAN, NEW YORK TIMES: Think about World War II, right? That was actually negative social product spending, and yet it brought us out.

I mean, probably because you want to put these things together, if we say, “Look, we could use some inflation.” Ken and I are both saying that, which is, of course, anathema to a lot of people in Washington but is, in fact, what fhe basic logic says.

It’s very hard to get inflation in a depressed economy. But if you had a program of government spending plus an expansionary policy by the Fed, you could get that. So, if you think about using all of these things together, you could accomplish, you know, a great deal.

If we discovered that, you know, space aliens were planning to attack and we needed a massive buildup to counter the space alien threat and really inflation and budget deficits took secondary place to that, this slump would be over in 18 months. And then if we discovered, oops, we made a mistake, there aren’t any aliens, we’d be better –

ROGOFF: And we need Orson Welles, is what you’re saying.

KRUGMAN: No, there was a “Twilight Zone” episode like this in which scientists fake an alien threat in order to achieve world peace. Well, this time, we don’t need it, we need it in order to get some fiscal stimulus.

Wait, I thought these far left nutbags hated the military and wanted to slash defense spending? Such is the mind of the loony left.

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August 14, 2011 · Filed Under CNN, Paul Krugman


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