{"id":60915,"date":"2016-11-11T05:00:26","date_gmt":"2016-11-11T11:00:26","guid":{"rendered":"http:\/\/www.shotinthedark.info\/wp\/?p=60915"},"modified":"2016-11-11T06:05:45","modified_gmt":"2016-11-11T12:05:45","slug":"the-eternal-genius-of-paul-krugman","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=60915","title":{"rendered":"The Eternal Genius Of Paul Krugman"},"content":{"rendered":"<p>Paul Krugman on election night: <a href=\"http:\/\/www.nytimes.com\/interactive\/projects\/cp\/opinion\/election-night-2016\/paul-krugman-the-economic-fallout?module=ConversationPieces&amp;region=Body&amp;action=click&amp;pgtype=article\">\u201cThe sky is falling and we&#8217;re all gonna die.\u201d<\/a><\/p>\n<p>A day later: &#8220;<a href=\"https:\/\/pjmedia.com\/instapundit\/248799\/\">It&#8217;s not and we&#8217;re not, and anyone who takes Paul Krugman seriously had better hope they have a fat government pension to rely on&#8221;.<\/a><\/p>\n<p>Paul Krugman; the most useful of idiots.<\/p>\n<p>Note: \u00a0back during the Obama administration, when the poorly trained chimps in Minnesota&#8217;s leftyblogosphere panted &#8220;The Dow! \u00a0The Dow!&#8221; as evidence that the Obama economy was humming along, I pointed out &#8211; correctly &#8211; that that was a result of companies sitting on lots of cash in a zero-interest environment. \u00a0It was a bubble.\u00a0They were creating few jobs, investing in little new plant; the Dow was a reflection of cash.<\/p>\n<p>And it still is.<\/p>\n<p>But I&#8217;m just trying to keep them consistent. \u00a0Which could keep an army of researchers busy, although not very interested.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paul Krugman on election night: \u201cThe sky is falling and we&#8217;re all gonna die.\u201d A day later: &#8220;It&#8217;s not and we&#8217;re not, and anyone who takes Paul Krugman seriously had better hope they have a fat government pension to rely on&#8221;. Paul Krugman; the most useful of idiots. Note: \u00a0back during the Obama administration, when [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-60915","post","type-post","status-publish","format-standard","hentry","category-media"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/60915","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60915"}],"version-history":[{"count":4,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/60915\/revisions"}],"predecessor-version":[{"id":60932,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/60915\/revisions\/60932"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60915"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}