Somebody give this guy another Nobel. His brilliance is breathtaking to behold.
From David Stockman
Presented without comment because Krugman speaks best for himself!
Here is Paul Krugman, writing in 2006:
American health care is desperately in need of reform. But what form should change take? Are there any useful examples we can turn to for guidance?
Well, I know about a health care system that has been highly successful in containing costs, yet provides excellent care. And the story of this system’s success provides a helpful corrective to anti-government ideology. For the government doesn’t just pay the bills in this system — it runs the hospitals and clinics.
No, I’m not talking about some faraway country. The system in question is our very own Veterans Health Administration, whose success story is one of the best-kept secrets in the American policy debate.
Here is Krugman again, in 2011:
What Mr. Romney and everyone else should know is that the [Veterans Health Administration] is a huge policy success story, which offers important lessons for future health reform. And yes, this is “socialized medicine” — although some private systems, like Kaiser Permanente, share many of the V.H.A.’s virtues. But it works — and suggests what it will take to solve the troubles of U.S. health care more broadly.
This argument has been fairly popular in liberal circles for years. Phillip Longman has written extensively about how great the VA healthcare system is and why it should serve as a model for broader healthcare reform.
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But the VA problems are the fault of the evil, awful Republicans. That’s what I keep seeing from the koolaid drinkers on the left.
Of course, why their sage genius Krugman was praising the VA healthcare system back in ’06 when those same evil awful Repubs were in control of Congress and the executive branch can’t be explained…..
Catlady Krugman opens mouth, inserts feets.
Where is that restaurant? I’d like to add a Nobel Prize to my resume.
WHY does Krugman get so much fucking press??? Who gives a flying fuck what this Jooturd has to say? No one. I make a motion that no one ever posts Krugman-shit ever again.
He has a Nobel, teaches at Princeton and write for the NY Times. To half of the country, he is GOD and writes on tablets of stone. Whenever I am on the cusp of drinking myself to death – which is twice a week – I need to remind myself of my life’s goal: to outlive Krugman and piss on his grave. Note to self: eat more salads.
I’m always amused that my libtard friends and coworkers will defend something like the VA medical system without having even the slightest idea of how much it costs and how many people it serves. The annual budget is up to ~ $150 billion and it serves 8.75 million people. Clearly they skew differently than the general population – with more elderly, ill, maimed, etc. But not all of those 8.75 million have serious medical issues, either. $150 bil to serve <3% of the US population may or may not be disproportionately wasteful, but it's certainly not more efficient than private medicine.
Krugman ,is getting paid alot of money to support this Keynesian nonsense. He is a mouth piece for for the federal reserve and other big government schemes.I read a while back he was getting paid north of 10 million a year from the banking industry and their lobbyists. Don’t know if it’s truth but it probably is.
And in yesterday’s NYT, he explains how great Obama’s carbon tax is gonna work. Talk about a tool.
whenever someone cites krugman i remind them of this
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David Stockman is misinformed. Paul Krugman is no longer an economist. He is a polemicist. Therefore, anything he writes serves a higher purpose known only to Paul Krugman. /sarc