boards of FL wrote:http://mam.econoday.com/byshoweventfull.asp?fid=456059&cust=mam&year=2013&lid=0&prev=/byweek.asp#top
http://mam.econoday.com/byshoweventfull.asp?fid=455642&cust=mam&year=2013&lid=0&prev=/byweek.asp#top
http://mam.econoday.com/byshoweventfull.asp?fid=456139&cust=mam&year=2013&lid=0&prev=/byweek.asp#top
On October 31, 2003 this is what your Paul Krugman said about the current 3.1% growth rate at the Liberal Oasis.
From the former adviser to ENRON and Socialist darling, of the far, far left, Paul Krugman. This from October 31, 2003. Wow…talk about a different tune today. For reference, the GDP for 2011 was 1.7%. The GDP for the third quarter of 2012 was 3.1%, the second quarter for 2013 was revised up to 2.5% that is in a wobbly. The Obama Administration is “forecasting” 3.2% by 2013. What did Paul Krugman say about such a rate of growth. [Oops…not even close] Now please read carefully what far left economist Paul Krugman had to say about that rate of growth when a REPUBLICAN was in the Oval Office.
###
Progressives and Democrats may want to revisit the LiberalOasis interview with Paul Krugman from August 2003, after the last GDP number was released:
###
LiberalOasis:
Second quarter GDP was just revised to 3.1% annual rate of growth [2003] . That’s near the point where many economists say job creation will kick in. Does that mean the economy is turning around, and Bush can credit the tax cuts for doing it? Paul Krugman: Well, it’s quite possible that we will see some positive job growth.
[Paul Krugman[
But, I still don’t see anything in there that says we’re going to have jobs growing fast enough to keep up with the growth in the population, let alone make up all the ground that’s been lost.
[Paul Krugman]
And the main thing to say is: gosh, if you let me run a 500 billion dollar deficit, [President Barack Hussein Obama’s deficit has been over $1.2 TRILLION EACH YEAR FOR FOUR YEARS][Paul Krugman:] I could create a whole lot of jobs. That's roughly [$500 BILLION DEFICIT] equal to the wages of 10 million average workers.
[Paul Krugman]
So the fact that we've managed to go from a 200 billion surplus to a 500 billion deficit, while losing three million jobs, is actually a pretty poor verdict on the policy.
http://www.liberaloasis.com/krugman.htm