Monday, August 15, 2011

Ya Feelin' Lucky, Mars Punk?

It's a good thing this guy has Nobel Prize in Economics or we might not take him seriously.

Via Newsbusters:
KRUGMAN:...If we discovered that, you know, space aliens were planning to attack and we needed a massive buildup to counter the space alien threat and really inflation and budget deficits took secondary place to that, this slump would be over in 18 months. And then if we discovered, oops, we made a mistake, there aren't any aliens, we'd be better –

ROGOFF: And we need Orson Welles, is what you're saying.

KRUGMAN: No, there was a "Twilight Zone" episode like this in which scientists fake an alien threat in order to achieve world peace. Well, this time, we don't need it, we need it in order to get some fiscal stimulus.

Go Ahead, Mars, Make My Day

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