Krugman a joke, but he right on this

[InRareForm]

http://www.businessinsider.com/paul-krugman-on-technology-and-inequality-2013-2

[boutons_deux]

Krugman is right on nearly everything. YOU ARE the joke.

Paul Krugman Destroys GOP’s Talking Points On Government Jobs

CARLY FIORINA: I think it’s important to remember, when we talk about the economy, that a private sector job and a public sector job are not the same things. They’re not equivalent. I’m not saying public sector jobs aren’t important. But a private sector job pays for itself. A private sector job creates other jobs. A public sector job is paid for by taxpayers. [...]

PAUL KRUGMAN: But when we say public sector jobs, it is not a bureaucrat in Washington, D.C.

FIORINA: Oh, it is, actually.

KRUGMAN: When we talk about public sector jobs — when we look at the ones that have been lost in large numbers in this — it’s basically school teachers. Don’t think about bureaucrats. It’s school teachers. What we’ve laid off hundreds of thousands of school teachers.

And when we talk about the cuts in public spending that have happened, they are not, you know, some god awful who knows what. It’s actually public investment. It’s largely fixing potholes and repairing bridges.

So, you know, you have this image of these wasteful bureaucrats doing god knows what. What we’ve seen is an incredible drought of basic infrastructure, and laying off hundreds of thousands of school teachers.

FIORINA: It is a fact that virtually every department in every organization in Washington, D.C. has seen its budget increase for the last 40 years. That money is being paid to hire people. The number of people who are — of course there are some teachers…

KRUGMAN: The vast bulk of public sector employees are at the state and local level. They are largely school teachers plus police officers plus firefighters. And your notion that it’s all these bureaucrats — that’s a myth that’s used…

FIORINA: It’s not a myth, it’s a fact. It’s not a myth, it’s a fact. We don’t have enough private escort job creation.


It’s a myth. Public sector jobs at the federal level have actually remained pretty stable over the last forty years. They began and ended the period around approximately 2.8 million, with a bounce to about 3.1 million circa-1990. Public sector jobs at the state and local levels increased significantly over those forty years, peaking at a bit over 19 million total when President Obama entered office. (They’ve fallen since, accounting for the decline in overall public employment.) But nearly all of that growth was in teachers and support staff for the education system, who now total nearly 7 million of those state and local workers.

The other major categories of jobs in state and local public employment are, as Krugman noted, police, firefighters, health care workers, and maintenance workers and drivers for the country’s transportation infrastructure. And the overall population of the country has also been growing, so even though the raw number of state and local workers increased significantly, the ratio of those workers to the overall population did not — 59 per 1000 in 1980 versus 65 per 1000 today.

http://thinkprogress.org/economy/2013/02/03/1533621/krugman-corrects-fiorina/

and of course the MIC squeals like obese, cornholed pigs when sequester reduces MIC spending by 10%. "millions of MIC jobs at risk" :lol

And of course both federal, state, local jobs have been destroyed by 100Ks in the Banksters Great Depression, huge factor in increasing inequality, foreclosures, and govt SPENDING on unemployment insurance, food assistance, Medicaid, etc.

no doubt technology has hurt jobs, but corporate globalization, exporting of factories and jobs, etc, have hurt more than technology.

[InRareForm]

You are always posting an article after mine. It's like you speed google something everytime :lol

[boutons_deux]

Krugman: NRA thinks ‘we’re living in a Mad Max movie’

New York Times columnist Paul Krugman on Sunday asserted that the National Rifle Association (NRA) had been “revealed as an insane organization” that “has this vision that we’re living in a Mad Max movie” because it wants to put more guns in schools instead of supporting universal background checks and limits on military-style weapons.

During a panel segment on ABC, former Republican Senate candidate Carly Fiorina said she supported universal background checks and a ban on high-capacity magazines, but “both sides have overplayed” their arguments on gun control after the December massacre of 20 school children in Newtown, Connecticut.

“We’ve gotten a glimpse into the mindset of the pro-gun people,” Krugman observed. “And we’ve seen certainly with [NRA CEO] Wayne LaPierre and some of these others, it’s bizarre, they have this vision that we’re living in a Mad Max movie and that nothing can be done about it, that America cannot manage unless everybody’s prepared to shoot intruders, that the idea that we have a police force that provides public safety is somehow totally impractical, despite the fact that that is in fact the way we live.”

“Now the craziness of the pro-gun lobby has been revealed,” he added. “And that has got to move the debate and got to move legislation, at least to some degree.”

But Republican Pennsylvania Rep. Lou Barletta said that he was comfortable with the NRA’s opposition to universal background checks because the idea was a “perfect example of why Washington is broke.”

“I know people will get guns no matter what laws we pass, just like the illegal drugs,” Barletta argued.

“I just caught you on a false statement there,” Krugman interrupted. “Because at least I do believe that guns are the root. There are crazy people everywhere, but mass murders are a lot more common here… I looked at the international differences, and countries that have effective gun control have a lot fewer incidents.”

“Will banning a spoon stop obesity? Of course not,” Barletta quipped.

“There are plenty of gun owners that are fine, but the NRA is now revealed as an insane organization,” Krugman pointed out. “And that matters quite a lot.”

http://www.rawstory.com/rs/2013/02/03/krugman-nra-thinks-were-living-in-a-mad-max-movie/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheRawStory+%28The+Raw+Story% 29


“Will banning a spoon stop obesity?" :lol these gun-fellators/gun-industry-shills are 100% marans.

[admiralsnackbar]

FIORINA: It’s not a myth, it’s a fact. It’s not a myth, it’s a fact. We don’t have enough private escort job creation.


Did Boutons make a funny? :lol
I wish sweetwater economists would push for legalized prostitution -- great way to employ all the unskilled labor our de-funded public schools spit into the economy every year.