Paul Krugman: Austerians are like the Three Stooges

[DonViejo]

The New York Times columnist on how the pro-austerity crowd is acting like a bunch of clowns

ELIAS ISQUITH

In his latest column, New York Times columnist and award-winning economist Paul Krugman lays into the pro-austerity crowd for their recent claims of vindication.

While Krugman acknowledges that some of the countries that underwent austerity are seeing tepid signs of growth, he argues that this is hardly an endorsement of budget-slashing and tax-raising in a depressed economy, and that this mild growth is largely a consequence of less austerity — not more.

In that sense, he compares austerians to a Three Stooges joke in which Curly keeps ramming his head into the wall and, when asked why, replies, “Because it feels so good when I stop.”

More from Krugman at the New York Times:

[MannyGoldstein]

1. Our President continues to brag about his austerianism

He calls it "reducing deficits at the fastest pace in 50 years" or some such thing.

God, do we need an FDR Democratic takeover of our government.

[Amonester]

2. The need for such takeover is obvious, but it won't happen, because....

geRRymandeRing will block it over, and over, and over.

Search other 'alternatives' because that's obviously just a dream.