NY Times’ Krugman Sees ‘Reasonably High Chance’ Economy Will Contract

"The things we know about are all gonna be negative in the second half of next year."

December 27, 2009 at 10:51 pm - ABC News
Dateline: Washington, DC
testicular man   December 28th, 2009 - 12:01 am

This stupid looking Obama lackey is tiresome & boring. Please pet my monkey you silly little sycophant. I mean these wacko left wing nut jobs just don’t give up do they? Who are they talking to? Who listens to this cretin? I mean, just look at him…

nick o'jones   December 28th, 2009 - 12:05 am

Who listens to this silly little sycophant? I mean look at him! This guy is so tiresome and boring. Who listens to this cretin?

colascguy   December 28th, 2009 - 12:08 am

What do the financial markets know. Hello they created all of the high risk instruments that crashed the market. Maybe if the Government would actually be a business advocate or just get the hell out of the way we would have some recovery. I hear now that some dumba$$ Republican has floated out legislation to give pet owners a tax credit for medical cost. If I had not already stopped calling myself a republican that would have been the death nail.

TulsaMark   December 28th, 2009 - 12:19 am

Journalists should press the Dems harder for details on how spending more will:
1. decrease unemployment
2. decrease the deficit

Journalists should keep asking HOW DOES IT WORK? All Obama and the Dems say
is we are increasing spending to accomplish this or that. They NEVER say how
this mechanism works!!! Once real journalists emerge from their graves and
start asking these types of questions, we will see the truth, i.e. that none
of them can explain it. All they have to go on is “we say it, so it will
happen.” The public knows that if one is in debt, one must cut back on spending.
Many economists agree with the public. Press the politicians to EXPLAIN!

muggins   December 28th, 2009 - 12:43 am

TulsaMark….
Journalists have been asking Obama and his henchmen how these bailouts work and Obama’s people keep saying, “It’s magic”. Unfortunately the journalists just say, “OOOOH I like magic!”.

txmike   December 28th, 2009 - 12:54 am

Senior muggins excellent observation.

TulsaMark   December 28th, 2009 - 12:54 am

I know. Journalism is dead; at least it is on the major media (CNN, NBC, ABC,
CNN, MSNBC, CBS). There are some brave souls doing real journalism like:
Andrew Breitbart, UKTimes, Pajamasmedia, Michele Malkin, Fox News, Matt Drudge,
and a few others. These outlets, except for Fox, are mostly accessible through the internet,
and don’t get alot of popular play. The major media are controlled by
Obama sycophants, who spout the “Green Jobs” crap.

TulsaMark   December 28th, 2009 - 1:34 am

Also, Mark Levin and Rush Limbaugh are great in combatting the liberal
talking heads.

Al   December 28th, 2009 - 7:05 am

This must be code for the economy is going to get better and we don’t want people investing until it has peaked upon which time we will say things are great and offload stuff onto those we trick into believing the story.

Johnny Rotten   December 28th, 2009 - 7:09 am

Krugman should get a shave, wash and massage…

FastFacts   December 28th, 2009 - 7:15 am

There are some true conserving conservatives out there and then there are true spending so called ‘conservatives.’ The later are wolves in sheeps clothing and have little difference than conservative democrats. For example, we have all the so called Blue Dog Democrats that were supposedly against the Health Care bill because of the extra spending and tricks to pass the bill as a deficit neutral, but if you read the CBO report you will find the President of the CBO state that this will most likely not be an accurate estimate considering many things will change, only a small portion of this bill will be running until the end of ten years (how long the estimate was written for), and the fact that they don’t include all the billions lost in back door deals. So who are the true Conserving Conservatives, ‘By their Fruits You Will Know Them.’

SOURCE OF ARTICLES EXPOSING CORRUPTION AND TRUE INTENTIONS: http://www.americanparchment.com

shane2813   December 28th, 2009 - 8:49 am

What does someone who works for the New York Times know about creating jobs??? Are you kidding me??? What a bunch of LOSERS!!! MARXIST=DEMOCRATS=TERRORIST All the same.

mellman   December 28th, 2009 - 8:52 am

You’re days are numbered, Thugman.

claspur   December 28th, 2009 - 8:53 am

Give this jag-off a Lollipop….He’s a friggn’ genious. *sigh

Rexter   December 28th, 2009 - 9:17 am

Why wouldn’t there be a contraction WE DON’T PRODUCE ANYTHING. Want a recovery? End NAFTA and all “trade agreements” and put up a tariff.

Krugman, old hippy waste   December 28th, 2009 - 9:26 am

ROFLMAO! This idiot is a total old hippy waste.

elder   December 28th, 2009 - 9:29 am

The next stimulus shoul be us putting up the Great Wall of America at our southern border. No more Cash For Clunkers and Cash For Cauckers and bailing out Fannie Mae And Freddie Mac.

Kramer   December 28th, 2009 - 9:34 am

Thanks democrats for pushing to increase homeownership among people with bad credit…

H2K   December 28th, 2009 - 9:57 am

M!lton Fr!edman Economics definition: “The study of how the forces of supply and demand allocate scarce resources.”
Paul Krugman Economics definition: “The science of wealth redistribution as it pertains to achieving political power”

TrojanHorseAlerts   December 28th, 2009 - 10:00 am

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^WARNING THEY ARE SETTING YOU UP for something you are NOT going to like! Go 2 http://www.infowars.com CLICK LISTEN NOW to find out (WHAT)!

Dave, Tn   December 28th, 2009 - 10:10 am

There’s another one who should have a MF (miserable failure) tattoo on his forehead so people will know not to listen to him.

NEOFREEDOM   December 28th, 2009 - 10:21 am

Solution to your Economic woes GREED ! GREED IS GOOD,GREED IS GOOD,GREED IS GOOD,GREED IS GOOD,GREED IS GOOD,GREED IS GOOD…! Created by unrestricted FREE MARKET ENTERPRISES to employ,re-train,develop new markets for trade.Also………….

Just ask your local pimp,pusher,Acorn Executive,Community Organizer and your TAX CHEAT TIM G.TRES.SEC.

Community Organizer=President of the United States ?

YOU GET WHAT YOU HAVE SOWN !

Bart   December 28th, 2009 - 2:07 pm

The world would be a better place if Paul Krugman’s wife would suffocate him with a pillow. Please?

JP   December 28th, 2009 - 5:30 pm

He is not allowed to say this without Obama OK.
He is leaking the bad news to come.
Getting us used to it, so it won’t be a shock.
This Obama toy has been pumping up Obama stimulus, how great it’s working.
All of sudden the number one Obama boot licker gives us bad news.
This is NOT GOOD folks.

supply_side_liberty   December 29th, 2009 - 1:58 pm

There is no stimulus in government stimulus. The government can not create wealth! Have you ever heard of a household spending its way into prosperity. Krugman and the rest are jokes.

LIberals SUCK at everything   December 29th, 2009 - 9:09 pm

Krugman should get a wash, shave, haircut, and an enema and he’d totally disappear!! None to soon!

Guy   January 6th, 2010 - 7:47 pm

So, start your own ECONOMY…

http://www.mymoneyfish.com/u/fishing4dollars

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