Talk about intellectual bankruptcy. Paul Krugman is intellectually and morally bankrupt. Okay, I don’t know if he’s morally bankrupt, but I’ve never liked him in any of the interviews I’ve seen him in. He sure has no leg to stand on by accusing anyone else of Intellectual Bankruptcy. His partial facts and misleading comments are not honest to the conversation the nation needs to have. The post by Steve Maley is so good and puts Mr. Krugman on notice that we won’t be fooled by strawman arguments and phony statistics. I may not be the smartest person around, but I know crap when I see it flung around, and believe me Krugman flings crap.
Check out Steve Maley’s post at Red State:
As for the employment statistics, “lazy” and “inept” are two words that come to mind.Although he doesn’t cite a source, Dr. Krugman has apparently relied on the database of the Bureau of Labor Statistics. Indeed, the industry subsector called “Oil and Gas Extraction: NAICS 211″, (part of the Mining, Quarrying, and Oil and Gas Extraction sector) shows the gain in jobs he describes, from roughly 120,000 jobs in 2004 to about 190,000 now. And he apparently stopped there.
190,000 jobs? Doesn’t that seem kinda low for an industry that comprises 8% or so of the economy?
That’s just part of an article that points out the glaring flaws in Paul Krugman’s op-ed “Natural Born Drillers“. For someone who is supposed to be so smart, it’s pretty easy to find the flaws(big, glaring errors) in his logic. He finds statistics that fit his meme. In fact, after reading his op-ed, I see he never says where he got his statistics. I’m sure he thinks no one will check up on him. After all, he’s won the Nobel Prize for economics. Obviously he knows more than all the Americans who are just living there lives. We just manage to balance our budgets, choose common sense ways to handle our personal economics, run our homes and raise our children. All without his Ivy League education or a Nobel Prize in economics for his brilliant mind. We normal Americans manage to figure out what works and what doesn’t.
I don’t want to include a quote from Krugman’s op-ed, because I can’t find one paragraph that doesn’t make me want to scream. I know he would think I’m just some uneducated housewife, incapable of understanding his staggering intellect. I’m sure he would talk down to me the same way it seems he is talking down to and about Republicans. What he doesn’t seem to understand is that Americans are not morons. We understand more than he thinks we do, unfortunately for him. We can see his obfuscating when he tries to explain anything to the “little” people. He certainly does have his own opinion and he’s not afraid to express it. You can check out his op-ed if you want to. Just click here.