Finance
Triple-A Moody Ratings Are Nonsense: Scary Mind of Liberal Tax & Spend Economist Exposed — Paul Krugman Says Debt 90% of GDP Is Fine & US Credit Rating Downgrade Doesn’t Matter
- Posted on August 2, 2011 at 7:40am by
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Comments (252)
Ron_WA
Posted on August 2, 2011 at 8:12amWhat’s this guy smoking? I’m hoping to buy a house in October & the lowering of America’s credit rating will drive up interest rates & cost me thousands if not tens of thousands of dollars over the life of that loan.
Walkabout
Posted on August 2, 2011 at 8:16amAn economist is a mix of mathematician and psychologist. Human psychology would tell you that foreign buyers of T bills will demand more interest. It would if a person was honest and not a party hack.
Report Post »Gold Coin & Economic News
Posted on August 2, 2011 at 8:26amYou have to read the book “I Am John Gault” to read how Krugman is throughly discredited and makes up his facts. I’m reading the book right now and it compares characters from Atlas Shrugged to people in politics and academia today. The author compares Krugman to Ellsworth Toohey. Good read: http://amzn.to/qQ1JNh
Report Post »wpod69
Posted on August 2, 2011 at 8:30amNot to worry Ron. Frank, Dodd and Waters have already taken care of that for you… My home just appraised for less than 50% of the value it had five years ago. People are practically giving homes away around here (ATL suburb). A couple extra percent in interest won’t matter one bit when looking at the big picture. Thanks Barney! [End Sarcasm]
Report Post »Eyore
Posted on August 2, 2011 at 8:32amYes but the money not worth anything so it really does not cost you any more money
Report Post »just ask Paul he’ll explain it to you
912er
Posted on August 2, 2011 at 8:43am@ron_wa you miss read his comments… “it doesn’t matter” to him…. he already has his money… this is how they close the door to everyone else….
Report Post »jnobfan
Posted on August 2, 2011 at 8:47amThe guy needs to check in. Watching him on Sundays “This Week” he was nervous as a jailhouse rat. Usually he is pissed off and disgusted with George Will but he looked defeated and sick. The elitists have run out of other peoples money and are in full panick. When push comes to shove the academic commies do not want to close the deal because they know the damage communism would do to their lifestyle. Their back is against the wall and the don’t have the guts to fight for the revolution.
Report Post »Check your meds comrad.
Eliasim
Posted on August 2, 2011 at 8:48amIt goes to show people the way Liberal Progressives are so arrogant believing they are the center of the universe, and that they say it doesn‘t matter because it doesn’t matter to them personally because they are above the system, they will just move their riches to another country. But, then again their also is the Liberals whom are so lost that they have no idea what they are even saying, but that if they say it then maybe they can create some false reality.
Report Post »wampanoag
Posted on August 2, 2011 at 8:49amKrugman is making a damn good living from his big spending gimmick. You wish you had a such a trick.
Report Post »Qoheleth
Posted on August 2, 2011 at 9:38amI was going to joke about trying this line on my banker when applying for a loan. “Just ignore my credit rating. Nobody pays attention to those things anyway.”
Report Post »For some reason, these folks think economics doesn’t “scale.”
Jim in Houston
Posted on August 2, 2011 at 9:51amHe proves once more that libaturds are terminally stupid.
Report Post »Seabee79
Posted on August 2, 2011 at 10:03amI guess he would not mind if we lower his FICA score down to 480.
Report Post »last frontier
Posted on August 2, 2011 at 10:24amIt doesn’t matter if you HATE! your country and you make your living on BAD NEWS.
Report Post »techengineer11
Posted on August 2, 2011 at 10:29amMarxist radical Jews and wrecked economies go hand in hand. America‘s only the latest victim of the Jew’s work. Don’t worry it will get much worse.. It always does and as a people we will have earned and deserved all that we get. Sit back and enjoy your doom. There’s really nothing you can do to until the realization of the fact that we are under Aparhteid sets in.
Report Post »old white guy
Posted on August 2, 2011 at 11:01amron. i want every dime krugman has ever made and i want him to pay me the same amount for the next twenty years or until i die. then i want him to pay my estate the same amount plus 20 percent until he dies then i want his heirs to pay my heirs for the rest of their lives and i want 30 percent more. i bet he thinks that would not work . krugman, just another idiot.
Report Post »paperpushermj
Posted on August 2, 2011 at 11:06amTech @ I see Jews Everywhere
Report Post »I give you credit if anything you are consistent. Just curious before you go to sleep do you check under your bed for Jews? How about the closets?
BlazingPatriot
Posted on August 2, 2011 at 11:23amThis is the same ‘nut case’ that called for the huge stimulus package which miserably failed and then had the audacity to call for more !!
Report Post »TheBMT
Posted on August 2, 2011 at 11:29amThe problem is that we have a Federal Reserve who has been keeping the interest rates low artificially. While nobody ever wants them to go up, in a free market they would go up and down. To signal to the markets to save your money, rent, prices are too high(bubbles), etc. Im in the process of buying a home right now too, but I am not concerned about this loss of triple A rating. We need to stand on principles and say NO, to our government.
Report Post »Shiroi Raion
Posted on August 2, 2011 at 11:36amThe definition of insanity: Trying the same thing over and over and expecting different results.
Report Post »Krugman needs a nice, new white jacket with extra long sleeves.
Actually, Krugman’s degree in economics should have taught him that Keynesian economics is idiotic.
There was no need to try it at all. Our colleges teach theory and revised history as fact, but Conservative theories and actual history and facts are banned from public schools and colleges.
slickmeister
Posted on August 2, 2011 at 11:40amYou’re a taxpayer. You mean nothing to Bolsheviks like Krugman. His one and only concern is the advancement of the Glorious State and the unproductive drones who depend on it.
Report Post »kraphtsman
Posted on August 2, 2011 at 12:11pmKrugman doesn’t need to smoke anything to make such ignorant statements. Using a bit of Aristotelean logic easily proves this fact: Where Krugman == Progressive and Progressive == Stupid, then Krugman == Stupid. Whether this moron was either born stupid, or nurtured to be one, the truth remains he’s still an absolute MORON. And so is ANYONE who believes as he does !
Report Post »GhostOfJefferson
Posted on August 2, 2011 at 12:28pm@Gold Coin
Toohey was in The Fountainhead, not Atlas Shrugged.
But that is a wonderfully apt comparison otherwise, he does strike me as a smug smirking man who thinks far too much of his rather limited views and opinions.
Report Post »1TrueOne55
Posted on August 2, 2011 at 1:06pmAnd if you read Obama’s Book “DREAMS [FROM] MY FATHER” you would see a common thread, this is the same failed policy that got Obama‘s father kicked out of the Kenyan Gov’t and sent him on a drinking binge that ended his life.
Report Post »Cesium
Posted on August 2, 2011 at 1:18pm@Tech Nazi
Report Post »techengineer11
Posted on August 2, 2011 at 1:35pmpaperpushermj: I do not but I can assure you that they are tracking your internet postings and Cas Sunstein would like nothing more than to creat a little data base of all the Nation’s internet postings. Are you going to ever address any of the facts which I submitt or just continue with the childish name calling?
Cesium: While I am a strong Constitutional Nationalist, I’m not a Socialist. You will have to invent another word which might encourage the lemmings not to consider the opinions of one hated by Jews.
Tell me your opinion of the following video Cesium?
http://youtu.be/vDr6SjPMRzs
I found it startling and almost unbelievable that one group of people could be responsible for sooo much.. Crazy isn’t it?
Report Post »AvengerK
Posted on August 2, 2011 at 2:01pmGray Lady Down…..
Report Post »Walkabout
Posted on August 2, 2011 at 2:41pmTechEngineer11 is going to marry a fat jewish woman and we will never hear is b_tching or conspiracies ever after.
Report Post »redbone007
Posted on August 2, 2011 at 2:51pmWhen the left f…kup stuffs somehow it doesnt matter anymore.,
Report Post »techengineer11
Posted on August 2, 2011 at 2:51pmWalkabout: Ha! The only way you will not hear my “conspiracies” theories is if the Jew Sunstein bans them as he desires to do as the Regulatory Czar. Even as our very own GB railed back in the day “there’s a fine line between conspiracy and fact.”
You know they have thought Police over in Europe already and in Candada. Is that not the wildest thing in the world? Another man dictating to his fellow man what he is allowed to think or speak?? Only a slimy one would even consider such a thing. Such as Sunstein and his ilk! lol
Report Post »MCGIRV
Posted on August 2, 2011 at 5:36pmHe’s probably smoking crack!
Report Post »NHwinter
Posted on August 2, 2011 at 8:11amMore lies and dribble from a sick Marxist. What a smirk on this guy evil face. Wake up America. These sickos are crawling out of the woodwork with boldness.
Report Post »TelepromoterNChief
Posted on August 2, 2011 at 8:38amTen bucks (after taxes of course) that he hides candy for little children in his beard.
Report Post »JimCDew
Posted on August 2, 2011 at 8:45amAnd this guy received a Nobel prize based on whaaaat????
Report Post »psst
Posted on August 2, 2011 at 9:20amJimcedw said:”And this guy received a Nobel prize based on whaaaat????”
Report Post »—
Umm, Barry Soetoro also received one.So did Yassir and Jimma for bringing Peace to the ME.Yes Siree Bob. We ALL remember the ME Piece Pact between Hamas,Hezbollah and Israel. The first two are dying (and killing) to get a Piece of the last one. Based on many who have received Nobels,the only people who thinks a Nobel is the epitome of accomplishment are Norwegians.
And as many have seen, there are some who thinks it’s all crap
Krugman is a marxist hiding behind a liberal apron. BTW. Soetoro also wears an apron.
The Jews who controls the NYT also wears those fashionable NY style Aprons.
I have more respect for Van. At least he does not pretend to be a liberal. He lets everyone knows he’s the real deal. A real Marxist and proud of it.
turkey13
Posted on August 2, 2011 at 9:31amHe has that smirk because he listened to Glenn Beck 2 years ago and spent his million dollar prize on gold and silver. He knows that when our dollar collaspes he will have all the buying power he wants when gold hits 5,000.00 an ounce
Report Post »Bluebonnet
Posted on August 2, 2011 at 10:12amOthers seem to have a very low opinion of Paul Krugman too. He’s always looked like a snake oil salesman to me. His demeanor, actions, shifty eyes make me believe he‘s pulled the wool over everyone’s eyes about how smart he is. This man is an aggressive Liberal, progressive, communist thinking man. Every interview & article he writes is full of vile hatred toward conservative mankind.
Report Post »Talk about a Satan Sandwich!
techengineer11
Posted on August 2, 2011 at 1:39pmYou sir are exactly right! As a matter of fact Marxist radical Jews and wrecked economies go hand in hand. America‘s only the latest victim of the Jew’s work. Don’t worry it will get much worse.. It always does and as a people we will have earned and deserved all that we get. Sit back and enjoy your doom. There’s really nothing you can do to until the realization of the fact that we are under Aparhteid sets in.
Report Post »In the meantime they will warn us that the little ole innocent Jew always gets blamed during times of economic uncertainty.. While they would never do a thing to harm a Gentile people since they are only running our Federal Reserve Treasury and biggest Banking institutions for our own good… lol
techengineer11
Posted on August 2, 2011 at 1:53pmBluebonnet: That’s a whole lot of words used to describe a slimy person. There was a time when it only took just one word to describe these people.
Sooner or later you people are going to see the pattern right? Surely you have to be getting close? lol
Why do so many just refuse to see the most obvious? What good does it do to pretend?
Report Post »MisterMoney
Posted on August 2, 2011 at 8:08amThe Krugmeister just becomes more irrelevant daily. Who would actually listen and believe this nonsensical drivel?
Report Post »one years food ration like glenn says
Posted on August 2, 2011 at 8:14amWOW !! What can I say ? Geez !!
Report Post »BehindBlueEyes
Posted on August 2, 2011 at 8:29amI love how he’s always introduced as the Pulitzer prize winner. He’s just another over educated clueless moron with an agenda.
Report Post »Eyore
Posted on August 2, 2011 at 8:36amWell let’s see Obama and everyone that works in the withe house
Report Post »Um maybe all of the Democrats in the congress
most of the main stream media
dsm
Posted on August 2, 2011 at 8:07amWhat a moron.
Report Post »TelepromoterNChief
Posted on August 2, 2011 at 8:29amHe looks like a pedophile.
Report Post »wampanoag
Posted on August 2, 2011 at 8:06amIt is OK to release government stimulus when the government is in the black and has a rainy day fund. When the government is heavily in the debt, enlarging the debt to unsustainable levels is utterly outrageous and suicidal.
Report Post »Walkabout
Posted on August 2, 2011 at 8:06amKrugman deserved his Nobel prize.
Report Post »He used the tools of mathematics and psychology of his discipline, economics, to solve a specific narrow problem.
Outside of that he relies on his socialist convictions about how things should be done.
His convictions are no better than any other man on the street.
The cost of borrowing goes up with a credit rating downgrade. The cost of borrowing goes up.
Really Paul Krugman? Really?
teddrunk
Posted on August 2, 2011 at 8:43amYou’ll pardon us who laugh at the term “Nobel Prize Winner” as meaning anything considering the winners the last decade or so and in particluar Obama winning one for being able to read a teleprompter real well.
Report Post »Bluebonnet
Posted on August 2, 2011 at 10:39amThe older I get, the smarter I get. I’m positive these so called Nobel winners are dumb as rocks when it comes to common sense. I’d rather listen to an uneducated person who learned from nature what life is all about. I‘d rather have a farmer tell me what’s going on, as they have more common sense than these so called Professors who have been ruining our youth with their nonsense. Education doesn’t always mean smart. Often, they are in a different world of their own, now ours for sure.
Report Post »starman70
Posted on August 2, 2011 at 10:54amThere is an old German saying, “ Ve grow too soon old and too late schmart”. Unfortunately Prof. Krugman never heard this saying.
As far as any Nobel Prize is concerned, WHAT A WASTE!!!! At one time, the Nobel Prize was a prestigious award given to people who contributed greatly to the welfare of society. Now, as provn by the award to BHO, it has become just another tool to promote socialism.
Report Post »modilly
Posted on August 2, 2011 at 8:06amDon’t you see? This is part of the plan. They got what they wanted which is to implement Cloward and Piven and now that the inevitable downgrade is coming they will spin it as no big deal. Why do we treat this as a big surprise? They do this every time. GOP = Suckers
Report Post »Charles
Posted on August 2, 2011 at 8:44amGOP = one-world-government communist on a slightly slower path to hell than the dems.
Report Post »OneFunR6
Posted on August 2, 2011 at 11:19amGOP = Global Government OVER people.
Report Post »olddog
Posted on August 2, 2011 at 8:04amThis guy has taken one too many up his wazoo, which has obviously affect his brain… Unfortunately this is the lunacy you hear from many liberal,progressive,socialist,marxists. People like this is the reason our country is in the shape it’s in…Whacko..
Report Post »Obama Bin Lying
Posted on August 2, 2011 at 8:09amSeems there is a massive outbreak of Cranius Rectumitis running rampant in DC today
Report Post »Rothbardian_in_the_Cleve
Posted on August 2, 2011 at 8:03amHis point and one that I think we all discount (our FICO analogies) is that it doesn’t matter because we (as reserve currency) can simply print more money. Obviously that is essentially a tax increase and for all intents and purposes a technical default. It is, however, very short sighted (as most Keynsians are). It assumes that there will be GDP growth to offset this practice and it also assumes that the rest of the world will continue to use the dollar as the reserve currency. Lastly, it assumes that sheeple will accept it. (actually, from what I see this is a safe assumption) But, the world and IMF is already moving to head Krugman and his statist friends off at the pass. The new IMF/SDR currency called the Bancor will be here shortly. THAT is when austerity kicks in. When the dollar isn’t reserve currency, printing money like we are will put us on the Zimbabwe path. As much as I loathe the thought of a global currency, it actually might be the only way to stop this train. It is so sad that we got to a point where I would write something like that. Ugghhh. Eat your peas suckas!
Report Post »selfgov1st
Posted on August 2, 2011 at 8:55amHowever, their ultimate goal is a one world, utopian, socialist society. Perhaps the people getting ready to institute a reserve currency are in league with the over-spending Americans?…the world will beg for a reserve currency that actually sustains value and they will be more than happy to provide this IMF currency. Are we missing the real goal of the devaluation of the dollar? Once there is a one-world currency, there will have to be a one world government to oversee the IMF or whoever it is that plays the role of the Fed. Once that one world government has been started…and with the power of the purse, our national sovereignty exists in name only and our rights to life, liberty, and property (pursuit of happiness) will slowly be stripped away.
We must stop overspending, we must maintain the integrity of the dollar, and we must protect the sovereignty of the States of America.
Report Post »jeckelmyhyde
Posted on August 2, 2011 at 8:02amIf you have kid enrolled in Economics at Princton, you might want to demand your tuition back..
Report Post »TelepromoterNChief
Posted on August 2, 2011 at 8:40amMy kid is going there right now to get a degree and beard like Paul has.
Report Post »Apple Bite
Posted on August 2, 2011 at 9:04amIf Obama is any indication of Ivy league education, your son might have been better off going to William & Mary or even Washburn University for the same Economics degree….
Keep the shaving cream and razor waiting at the door when he gets back =P
Report Post »Bluebonnet
Posted on August 2, 2011 at 3:40pmSome beards are downright attractive, but on this man it reminds me of a poor homeless person who doesn’t have the ability to shave often enough to make a difference. Just plain tacky looking.
Report Post »Polwatcher
Posted on August 2, 2011 at 8:01amAnyone that takes Krugman serious is a moron.
Report Post »TelepromoterNChief
Posted on August 2, 2011 at 8:32amI dunno about that.
Report Post »He has a beard.
That makes him look smart.
emertz8413
Posted on August 2, 2011 at 8:01amHello, Krugman – No one believes you, the lies aren’t working any more!!!
Report Post »TelepromoterNChief
Posted on August 2, 2011 at 8:36amI dunno about that.
Report Post »He’s been saying it enough. . I’m starting to believe him.
Heck, it worked for the house and senate.
I’m just a dumb person, what do I know. Just let him do his job. He knows what’s best for me.
Besides, who can argue with a beard like that.
GeorgieJo
Posted on August 2, 2011 at 8:01amKrugman is speaking at the Woody Wilson School of Nonsense
I hate that guy (WW)
Krugman thinks THE only people with brains live in New York and read the NYTimes
Report Post »Nobel Prize for savant idiot?
70S_KIDS_FIGHTING_SOCIALISM
Posted on August 2, 2011 at 8:00amThere are people(?) supposedly men(?) coming out of New York that make those freaks in California look normal. When men stop acting like men you get this freakish thing like Krugman, Shumer and many NYT’s there is just something wrong there. This is what happens when you have what CS Lewis said “men without chest”. They can grow beards or all types of body hair still does not hide that they do not move, talk or act like men or barely human. There practically some type of hybrid freak thing.
Report Post »Rickfromillinois
Posted on August 2, 2011 at 8:00amThe more this nutjob talks the crazier he sounds.
Report Post »lel2007
Posted on August 2, 2011 at 7:59amI think he pulled this idea out from that “dark cranny” the naked Wall Street posters were trying to illuminate.
Report Post »anOpinion
Posted on August 2, 2011 at 8:05amWhy does anyone pay any attention to this shifty eyed little twerp?
Report Post »Gold Coin & Economic News
Posted on August 2, 2011 at 7:54amI can’t believe anyone give this guy any credence at all. He is a lunatic and has been wrong so much plus has been proven to just completely make up statistics out of thin air in his New York Times columns. The fact that both he and Barry have won Nobel prizes shows what the Nobel club is all about.
Report Post »flagbearer
Posted on August 2, 2011 at 7:59amWorld conservative need to start awarding their own prizes. It may seem tit-for-tat, but only by counter-balancing the take over will we ever get back to rational thinking.
Report Post »nysparkie
Posted on August 2, 2011 at 7:51amThe USA Losing YOU don’t matter either. We, here at the BLAZE, will kick in $20 a piece if you just leave and go to Venezuela or somewhere that likes reading your tripe, c r a p, b u l l p o o p.
Report Post »TheOracleOfTruth
Posted on August 2, 2011 at 7:59am@nysparkie- amazing how these academics seem to know everything, when they have NEVER run a business in their lives?! These dolts could not manage their way out of a wet paper bag. We need to get this country back to capitalism and free markets – back off this socialism and tax/spend policies. Our gutless congress thinks this latest deal is good? What a shame and a sham they have pulled on us. We now will march to new debt highs and go bankrupt soon enough – liberals and socialists are some of the most uneducated people I come across – read the history folks – socialism has been an abject failure everywhere it has been tried. We also fought wars against socialists – how the heck did we get to where we are now? I am sick of these people!
Report Post »BIGJAYINPA
Posted on August 2, 2011 at 7:59amWould someone care to explain to me why ANYONE would listen to this dysfuntional moron?? I realize that most Progressive/Liberals are learning disabled and intellectually challenged but even someone with only ONE functioning brain cell has got to see this guy is FULL OF C**P!!!! If this is the Left’s idea of an economic expert why are we not filling the dustbin of History with these losers??….Just sayin’
Report Post »PelositheGreat
Posted on August 2, 2011 at 7:49amWow. So my FICO score doesnt matter? I can get a home loan 90% of income?
Sometimes, i just sit and thinks…..
Report Post »awiderview
Posted on August 2, 2011 at 7:58amYou get a home loan for much more than 90% of your income…if you’re considered a good credit risk,
Have you no faith in your country?
Report Post »MrMark
Posted on August 2, 2011 at 8:26amI have faith in the hard working, level-headed, rational citizens of my country. I do NOT have faith in their government, however, because they have proven time and again that they can fail at even the simplest of tasks. The only thing they are consistently good at is spending money, and they do that so well they’ve almost spent us into oblivion. At this point, even if they confiscated every penny from every person in America, including all of their private properties, they could only pay for their habit for one year. After that first year they would be back in debt again because those who produce and create jobs would no longer have the incentive to produce anything because it would be confiscated and misused. This is already beginning to happen.
Politicians are empowered by spending money. We elect these people. They do not rule over us. We appoint them to represent us. It is our responsibility to keep them under close scrutiny and prevent them from forgetting why we sent them to Washington. And if they fall under the spell of those who have made a career of spending our money rather than saving as much as they can so we can have a brighter future, or take the advice of “experts like Paul Krugman” we must remove them from office and replace them, and keep doing so.
Report Post »jeffyfreezone
Posted on August 2, 2011 at 7:48amEven HE can’t possibly believe the things he says!
Report Post »TelepromoterNChief
Posted on August 2, 2011 at 8:37amHe has no say in the matter.
Report Post »He takes all commands from his beard.
WILLIAM E.
Posted on August 2, 2011 at 7:48amWould love to see this joker debate an Austrian economist.
Report Post »TelepromoterNChief
Posted on August 2, 2011 at 8:46amThat‘s what I’m always telling people.
Report Post »Just the other day I was buying a Slurpee at 7eleven and I was telling Moosakapashi (the clerk) that Paul and his beard really need to have a debate with an Austrian economist.
biohazard23
Posted on August 2, 2011 at 7:47amAnd this guy thinks he matters because…..?
Report Post »TelepromoterNChief
Posted on August 2, 2011 at 8:34amHello?
Haven’t you been paying attention?
He has a beard.
Report Post »biohazard23
Posted on August 2, 2011 at 9:11amOops! My bad. How could I overlook the obvious? And it’s a nasty rat of a beard, too….. Bleh!
Report Post »Ray2447
Posted on August 2, 2011 at 7:46am…but, but, but he’s got a Noble Prize just like Obama and Al Gore. :-/
Report Post »Brasil2520
Posted on August 2, 2011 at 8:11amIt’s funny that you wrote that Ray, when I first heard that Barry won the Noble prize, I was on my way to a Home Depot, at the store I asked a few people, “did you hear, Barry won the noble” the people I asked didn’t answer and just waited for the punch line, after waiting a few seconds I had to say “no this is not a joke, he really won” all I got back was disbelief.
It’s all a scam.
Report Post »turkey13
Posted on August 2, 2011 at 9:25amI thought they took Al Gore’s away from him when he bought his 9 million dollar mansion on the coast that he proved was going to flood because of ice melt.
Report Post »wesleyapril
Posted on August 2, 2011 at 7:46amUnbelievable! Do people actually listen to this man for investments? LOL – I have no degree, and can tell you/ and guarantee you that we are in for some deep caca America!
Report Post »BrerRabbit
Posted on August 2, 2011 at 7:43amThere you go…Japanese model !
Report Post »Snowleopard {gallery of cat folks}
Posted on August 2, 2011 at 7:49amI was thinking more like clueless and delusional model; in addtion to the japanese model (good point).
Keneysian economics are absolute failures; the fact is historically the model never works, and that even post WW2 West Germany prospered when they abandoned that particular model, and one man decided to loosen the system — hence came a new economic boom in West Germany for so long of a time after the war.
Report Post »