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Lazy Jon Stewart
New York Times, by Paul Krugman

Original Article

Posted By:LittleHoodedMonk, 1/12/2013 3:55:44 PM

Oh, dear. Jon Stewart took on the platinum coin, and made a hash of it — he faceplanted, as Ryan Cooper says. What went wrong? Jon Chait says that he flunked econ, but that’s just part of it. He also flunked law, politics, and just plain professional. So, yeah, as Chait says, Stewart seems weirdly unaware that there’s more to fiscal policy than balancing the budget. But in this case he also seems unaware that the president can’t just decide unilaterally to spend 40 percent less; he’s constitutionally obliged to spend what the law tells him to spend. True, he’s also constitutionally prohibited from

Comments:
Isn´t Krugman a liberal? So, why is he smacking Jon Stewart and staff over the $1T coin? Does he want to flip to Fox [which he mentions] should he lose his NY Times gig?

      


Post Reply  

Reply 1 - Posted by: Cleanhousein2012, 1/12/2013 4:03:56 PM     (No. 9113071)

Gee Mr. Krugman, maybe the truth hurts? The President has come out and said he won´t sign off on spending cuts, he only wants to talk about taking more from The People.

Seems to me your just a little bit too defensive when Jonny takes a shot at zippy - don´t results count?

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Reply 2 - Posted by: vwlarry, 1/12/2013 4:06:03 PM     (No. 9113073)

Paul KRUD-man.


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Reply 3 - Posted by: DaddyO, 1/12/2013 4:10:25 PM     (No. 9113079)

Paul is sort of like Cap´n Ahab chasing the white whale, while all the rest of the people are the crazy ones.

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Reply 4 - Posted by: Scottyboy, 1/12/2013 4:14:42 PM     (No. 9113083)

Lazy and unfunny Jon Stewart.



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Reply 5 - Posted by: tech10171968, 1/12/2013 4:19:17 PM     (No. 9113090)

A king would never take counsel from a court jester. So why are so many of us getting our news from a comedian? In my opinion Jon Stewart is a non-issue.

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Reply 6 - Posted by: Spidey, 1/12/2013 4:25:01 PM     (No. 9113094)

Krugman actually thinks thinks the trillion dollar coin is a great idea.The fact that the coin´s worth has no hard asset behind it doesn´t bother him one bit.His goal is having enough money that´s capitalism free to spread around to finish social justice.

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Reply 7 - Posted by: killerbee, 1/12/2013 4:28:32 PM     (No. 9113099)

Jon Stewart is a leftist hack and Obama boot-licker, but even he can see the platinum coin is absurd.

Krugman is a clown.

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Reply 8 - Posted by: Not your typical New Yorker, 1/12/2013 4:34:24 PM     (No. 9113107)

#5- Stewart primes the pump for the low information youth vote that helped put the socialist president over the top.

As much as I can´t stand Stewart, in the past two election cycles he has mattered.

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Reply 9 - Posted by: cincinnati whig, 1/12/2013 4:50:36 PM     (No. 9113129)

Oh, dear. Now they´re attacking each other.

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Reply 10 - Posted by: geneinnyc, 1/12/2013 5:00:01 PM     (No. 9113144)

It´s physically impossible to for the president - or anyone - to spend money that does not exist.

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Reply 11 - Posted by: ricktutt, 1/12/2013 6:58:22 PM     (No. 9113251)

Paul Krugman = Idiot

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Reply 12 - Posted by: johngalt1, 1/12/2013 7:49:47 PM     (No. 9113295)

Krugman is publicly chastising Stewart because Jon used a Saul Alinsky “Rules for Radicals” tactic on Democrats instead of Republicans. (Rule 5: “Ridicule is man’s most potent weapon.” There is no defense. It’s irrational. It’s infuriating. It also works as a key pressure point to force the enemy into concessions.)

Gotta keep libs on the plantation, keep ‘em in line, don’t ya know.

Stewart must be thinking, “Who is Paul Krugman to lecture me on flunking econ, law, politics and professionalism—he deserved his Nobel Prize about as much as Obama did—which is to say, not at all. The Daily Show has 2.3 million fans, which is about 2.295 million more than Krugman has.”

Stewart should now consider taking some timely advice from a man with a heluva lot more gravitas in his little pinky than Krugman will ever have even if he wins a dozen more phony awards:

“Love your enemies just in case your friends turn out to be bastards.”
—Abraham Lincoln


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Reply 13 - Posted by: philsner, 1/12/2013 9:01:26 PM     (No. 9113339)

Yes #11. Yes. It is obvious. Krugman is an idiot.

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Reply 14 - Posted by: Salt5792, 1/12/2013 9:38:42 PM     (No. 9113386)

It actually isn´t the Constitution that obliges the President to spend the money that Congress appropriates. It´s a law that Congress imposed on the nation in 1974 when Nixon was too weakened by Watergate to block it. It has been devastating to fiscal integrity.

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Reply 15 - Posted by: cgood, 1/12/2013 9:59:53 PM     (No. 9113409)

Please pass the popcorn.

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Reply 16 - Posted by: southernboy, 1/13/2013 10:45:18 AM     (No. 9114006)

#6 "...The fact that the coin´s worth has no hard asset behind it doesn´t bother him one bit…"

Funny about money. Money started out being value in itself. I.E., a dollar gold coin had a dollars´ worth of gold in it.

Nowadays the idea seems to be to print a paper dollar bill that has no intrinsic value…put a picture of a dollar gold coin on it…and call it money. A lot like the Monopoly game.

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