1 This has me seeing red.

2 And Barry is a stuttering clusterfuck of a miserable failure

3 Hey Barry, I reserved a U-Haul for ya...

4 GET OFF THE FUCKING BEACH !

5 Spoof, but Krugman really is a big believer in the Broken Windows Fallacy the idea that wanton destruction of property is actually stimulative and hence good for the economy, as people have to go out and buy replacements for all they've lost.


I have to copy this from earlier because it was spot on:

Why wait for a hurricaine?

Why don't they just burn their own houses down?  Don't they love their fellow man enough to do this thing for us?

Posted by: Oldcat

6 Ace forgets to close a tag again

7 It's html open tag day at moron central

8

I didn't say it in The New York Times.

See the difference wingnuts.

Now, let me go blow my nose on my worthless Enron stock that I was a consultant for.

9 All you need is me.........

10 Former Enron Financial Adviser Paul Krugman

11

My freezer is crammed with blu-ice. If the electricty goes out, I'll use them to spell out 'Kurgman'

12

Former Enron Financial Adviser Paul Krugman

Fo' shizzle?

13 Arguing with a liberal makes my head hurt, therefore I avoid it all costs.

14 I've taken over the thread. Give me your stuff.

15 There are spaceships guiding Irene's path. Theriously.

16
Did you hear this?

The "unexpected" rise in new unemployment claims was blamed on Verizon strikers.

They were on strike for two weeks. YOU CANNOT COLLECT UNEMFUCKINGPLOYMENT if you go on strike. (Some states allow claims to filed after, say, seven or eight weeks.)

17 This animates (partly) the idea that WWII was what got us out of the Depression.

Libs don't understand that we broke other people's shit in WWII.

Besides, most of the benefits of war (and there are many) are due to the technological advances that are almost always necessary for the winning side to win, and which then sets that side up to be ahead in the post-war scrum.

18 stay safe NYkers.

 as far as broken windows theory, why do you think they have all the thugs on speed dial?

19 For all that,  Irene is sucking in dry air and breaking up, so by the time the eye reaches land it'll be a cat 1 at most. It'll weaken a lot going up the coast, so a lot of repairs won't be needed to fix what a bunch of rain and light wind didn't wreck

Those flashlights will come in handy for the EPA caused brownouts though

20 Obama is a stuttering clusterfuck of a miserable failure.

21 Judging from what Katrina did to the taller buildings in New Orleans, I think that's gone to be one busy glazier in NY. And the guy who sells him five hour energy is going to be doing pretty well. Everyone else, not so much.

22 I'm going to repost what I said on this in the last thread (as this is the appropriate place for it):

It's just wealth redistribution, really.  Wealth is destroyed, so workers must be paid to replace it.  That is, effectively, a redistribution of the destroyed wealth to the workers.  Libs love this shit ... and not for "the jobs".  Ask a lib how much labor will be necessary to rebuild Barky's borther's cardboard box if a gust of wind took it down.  It's the fancy houses they want to see destroyed - the wealth.  Only then will money be put towards its repair and replacement, thus payment to the workers.

23 another thing Krugman seems to forget, is many , many of us are broke.

24 11 Former Enron Financial Adviser Paul Krugman

Posted by: AoSHQ Stylebook at August 26, 2011 06:57 PM (GTbGH)

I nominate that this should be included at least once in all posts that ace does that includes Krugman.  Can I get a second?

25 If it were aliens -and- hurricanes. Economic miracle 2011. Stick Ctuhulu in there and you'd never have a recession again!

26 I don't know about anywhere else, but "D" batteries are not to be found in my part of Virginia. So at least we have battery stimulus.

27 For all that,  Irene is sucking in dry air and breaking up, so by the time the eye reaches land it'll be a cat 1 at most. It'll weaken a lot going up the coast, so a lot of repairs won't be needed to fix what a bunch of rain and light wind didn't wreck

Here's to hoping you're right.

28 Some idiot claimed that 9/11 was an "economic shot in the arm". 

If the "broken windows" folly was correct, we'd be cheering on non-lethal terrorist attacks because all that property damage would be overall stimulative.

29 Wait a minute, Ace.  Do you have a degree in economics?

Then shut up!




_{Please tell me I don't need a sarc tag.}

30 another thing Krugman seems to forget, is many , many of us are broke.

Eh, I'll just print more money. And you can borrow it at a fiar interest rate I determine. It's win all around.

31 24 Judging from what Katrina did to the taller buildings in New Orleans, I think that's gone to be one busy glazier in NY. And the guy who sells him five hour energy is going to be doing pretty well. Everyone else, not so much.
Are you kidding? The unions have a hold on New York unparalleled in this galaxy. You can't fart there without some union giving you permission. It'll take forever and wads of union paperwork for glazing between 10-2 M-Th with 11-1 off for lunch in a OSHA approved office.

32 Kratos and how long to rebuild a whole city.

Towers up ?

33 seconded, buzzion.

34

Some enterprising moron with photoshop skills needs to go to work on the Go Gos Vacation album artwork.

Posted by: mpurinTexas, Evil Conservanatrix, supports Rick Perry, bitch at August 26, 2011 12:40 PM (ignDe)

Here

35 If disasters are big economy boosters, then why is SCOAMF blaming the earthquake in Japan for the bad 2Q GDP?

36 Simply summed up:  If only you racist clingers would spend more than you make (er, in our case, take), like us at FedGov, this whole mess would soon be over...

37
Here

Posted by: Foole In The Rain 

woot!

38 Judging from what Katrina did to the taller buildings in New Orleans, I think that's gone to be one busy glazier in NY. And the guy who sells him five hour energy is going to be doing pretty well. Everyone else, not so much.

I don't want to be anywhere near NYC over the next couple of days. I remember the year all the windows in the Houston skyscrapers were blown out, and it was a mess.

I wish the recurve on Irene was lots bigger than it is.

39 10 All you need is me.........

Posted by: Cowbell at August 26, 2011 06:57 PM (VxqUc)

your right.

40 If disasters are big economy boosters, then why is SCOAMF blaming the earthquake in Japan for the bad 2Q GDP?

Disasters are only good if they happen to Americans. Duh.

41 30 For all that,  Irene is sucking in dry air and breaking up, so by the time the eye reaches land it'll be a cat 1 at most. It'll weaken a lot going up the coast, so a lot of repairs won't be needed to fix what a bunch of rain and light wind didn't wreck

Here's to hoping you're right.
Posted by: Methos at August 26, 2011 07:05 PM

Here's the latest satellite pic. That clear band in there is dry air that got sucked in. Think of a propeller that snagged a cable

42 You guys want to see my College Transcripts?

43 If disasters are big economy boosters, then why is SCOAMF blaming the earthquake in Japan for the bad 2Q GDP?

Posted by: kbdabear at August 26, 2011 07:10 PM (Y+DPZ)

Earthquakes ARE good...it's tsunamis that suck, silly!

44 Here

Posted by: Foole In The Rain

I'm not sure I like the fact that on some level I'll be associating Belinda Carlisle with El JEFe now.

Going to put a crimp in 80s Fapping Night.

45 49 You guys want to see my College Transcripts?

Posted by: Barack Hussein Obama at August 26, 2011 07:18 PM (37UjA)

Sheryl Crow is using your transcripts.

One sheet at a time.

46 @20 Snowflake better show up with all the required file folders, glue-sticks, crayons, rulers, #2 pencils, red and blue pens, boxes of tissues, and the rest of the items on the six page list I sent home. Or. Else.

No shit. Given the level of taxation here, and the average teacher salary, I am wondering how I ended up responsible for "Everything at Staples"- 1 each.

No I'm not really wondering.  I know.

47 I'm driving a school bus on 5th Avenue if anybody needs a ride to safety.

48 Going to put a crimp in 80s Fapping Night.

Posted by: Waterhouse at August 26, 2011 07:20 PM (rmYSW)

She was fat in the 80s, wasn't she?  It was after the Go-Go's that she got mega-hot, seemingly out of nowhere.  From my recollection, at least.

49 'Mandatory evacuations' make he lol.

5.9? I sleep through that.

Though, seriously: NYC is dry because the city constantly pumps the water out of it. If they didn't, big chunks of it would be underwater naturally.

So an evacuation sounds reasonable to me, and the map looks like somebody knows what they're doing. (Hopefully, it's more than "looks like", and more "is".)

50 @25 Don't forget all that government housing like..all those six story buildings right up against the East River.

What's left of the Mafia will be kicking themselves in the ass if they don't get another $2 tax for every installed window scam going.

51

Buzz, count me in too, although we haven't quite yet finished the current meme yet.

I was told there would be no multitasking on this blog.

52 It's like liberals don't live in the real world.

Last week our alternator went out and we got raked over the coals by our dealership.  Goodbye new mattress we were planning to buy, hello...same crappy car we already had.

53 So... wait... I'm not helping AOS by sending DOS attacks? I thought traffic was traffic!

54 55 Going to put a crimp in 80s Fapping Night.

Posted by: Waterhouse at August 26, 2011 07:20 PM

She was fat in the 80s, wasn't she?  It was after the Go-Go's that she got mega-hot, seemingly out of nowhere.  From my recollection, at least.

Posted by: progressoverpeace at August 26, 2011 07:22 PM

A funny Geico commercial involving 80s music

55 I don't think the heavy stuff is gonna come down for quite a while.

56 I don't think the heavy stuff is gonna come down for quite a while.

Posted by: Carl the groundskeeper at August 26, 2011 07:30 PM (N2yhW)

You win the internets.

57 The attempt to be clever and see something counterintuitive fails; those who sought to look clever instead look dumb.

The original Bastiat diagnosis of broken-window thinking ("The Seen and the Unseen" is a common translation of the title) doesn't posit that it's wayward cleverness or something, but that economic not-seeing is infantile or pre-rational—or, in the case of fuck-up-the-peasants-to-pay-the-ministers-and-their-servants type stuff (like Krugman and Yglesias advocate), merely interested.

That seems more right than "clever." I mean, does anyone but a really stupid baby believe that dumb shit? I don't think so. They just say it.

58 In the improbable event I am ever considered for a Nobel Prize, I would not hesitate to turn it down in exchange for a guest appearance on The Simpsons.

59 Did he say that about the earthquake? He has this beaut' up about Irene: mattyglesias mattyglesias Will Hurricane Irene help us resolve whether excess capacity or income constraints are the main drag on residential investment? 25 Aug

60 Try - UNEMPLOYMENT for $100, Matty .

61 @60 That's nice, but it's not the winds that are the big threat, at least here in the center of the known universe and only place that matters, it's the storm surge.

Plus, there are millions and millions of people here who haven't been taking this thing seriously.  QED Flooding= Dead people 

62 Just looked at the updated storm surge map.  It shows a good likelihood of a 2' surge going pretty far up the Hudson watershed.

63 I busted on Matt Yglesias' chops on Twitter -- he was really pushing this nonsense -- and asked him, "If losing property leads to greater wealth, can I have all your shit? Win win, baby."

If he doesn't give permission, you can break in and take it. Not only does he have to replace it, but he has to hire someone to fix the door or window you broke.

Oh, and it creates business for the lawyer you have to hire

64 63 I don't think the heavy stuff is gonna come down for quite a while.

lol, excellent!

You know, when my stepfather started using that phrase for any kind of falling precipitation, I hadn't a clue for years where that phrase came from - I thought he made it up himself.  Then I watched Caddyshack all the way through...

65 I don't know about anywhere else, but "D" batteries are not to be found in my part of Virginia. So at least we have battery stimulus.

Posted by: MCPO-retired at August 26, 2011 07:05 PM (7VXM9)

There's a joke in there about cat ladies and giant purple saguaros resting on nightstands, but decorum prevents saying it here.

66 Wait is "income constraints" the new PC term for UNEMPLOYED?

67 Do you have a degree in economics?

Yes I do.  Highest honors.  Do you have an enormous ass?  Never mind, I can see for myself.

68 OH RAT FARTS!!!

69 If he doesn't give permission, you can break in and take it. Not only does he have to replace it, but he has to hire someone to fix the door or window you broke.

Oh, and it creates business for the lawyer you have to hire

Well I'm just sayin. If you want to swallow that level of stupidity, we should be granting arsonists pardons.

70

 That's nice, but it's not the winds that are the big threat, at least here in the center of the known universe and only place that matters, it's the storm surge.

So true. 

Handy little phrase from Katrina, Rita, and Ike:  Run from the water, Hide from the wind.

 

71 Wait is "income constraints" the new PC term for UNEMPLOYED?

We used to call it "broke as fuck, how we gonna eat?".

72

Leftists are so goddamned stupid. It infuriates me that low IQ cretin like Krugman gets to draw a handsome paycheck for spilling all his ridiculous, child-like assertions onto the pages of a newspaper.

Their argument is so easy to debunk it's almost embarrassing to see ace do it. Why? Because it's beneath him. Even an 8 yr old can get his head around the FACT that destroying wealth does not create more wealth.

This is the same twisted thinking that spawned the Cash for Clunkers debacle. Hey, let's destroy perfectly good used cars! You know, the kind that people on the lower end of the economic scale NEED to get to work!

3 years later and the price of used cars is still artificially elevated. All we did was waste the labor and materials that went into those cars. Call me simple, but being wasteful never occurred to me as a good way to build wealth.

 

 

73 It's not THAT the wind is blowin'.

It's WHAT the wind is blowin'.

74 Jesus Ace, you fucking pwned Yglesias!!!!

75 Let's ask Besse Cooper what she thinks.  She's been around a long time.  Today's her 115th birthday.

76 My Fellow Americans, There is no need for panic. My Canadian bus has a full tank and my clubs are already loaded.

77 Can someone go explain to Matty that the little housing rebate that Obama and Co. did...oh forget it. How much of the US taxpayer's money did they blow out on that one?

78 Can we get a live AoS cam to watch all of the New York Princess's cats and friends leave town?

79 Liberals understand economics nearly as well as Ford Pintos handle rear-end collisions.  

80

@29: "I don't know about anywhere else, but "D" batteries are not to be found in my part of Virginia."

*shift eyes nervously while writhing and sweating profusely*

81 Are you Ron "Tater Salad" White?

82 So let's see 1) Cash for Clunkers, and they were wrong. 2)Housing Rebates, and they were wrong. Then the MOAB of CF's #) $800 billion for 8% or less unemployment, and they were wrong.

83

Krugman Financial Advisor to Enron?

Hmm... Enron?  Never heard of it.

84 85 My Fellow Americans,

There is no need for panic. My Canadian bus has Club is a full tank and my clubs are bus is already loaded.

Posted by: Barky O'Bumbles at August 26, 2011 07:38 PM (6Cjut)

 

Corrected by the Syntax Correction Police

85 It astonishes me that anyone could be dumb enough to believe that vandalism, disasters etc. are a net stimulus to the economy.   It is manifestly obvious that all they do is force people to spend money on things different than what they would have spent the same money on had the event not occurred.   There is no net benefit, only loss of economic choice and freedom   --  perhaps why leftists innately feel it must somehow be good.

86 You guys remember that if something happens to or in NYC it is FAR FAR FAR FAR more important than if it happens anywhere else. Everyone should remember that NYC is the CENTER OF THE UNIVERSE. Just ask any New Yorker---they will tell you. I hope this is a non-event because I really don't want to hear about New York for weeks. At least the New Orleans accents weren't cringe inducing.

87 Titleist got a stimulus from me!

88

It astonishes me that anyone could be dumb enough to believe that vandalism, disasters etc. are a net stimulus to the economy.  

Atlantis should be booming any day now. Or Sodom and Gomorrah.

89 Barack, being a stuttering clusterfuck of a miserable failure is no way to go through life.

90 I plan to forget anything bad that happens in NYC as soon as possible.

91

Believing that vandalism, disasters, etc., stimulate the economy is a methodof pre- and post-act justification of Leftist vandalism.

Remember, Paul Krugman is a former Enron Financial Adviser.

92 *shift eyes nervously while writhing and sweating profusely*

Why, are they worried about the impending storm?

93

I don't want to be anywhere near NYC over the next couple of days. I remember the year all the windows in the Houston skyscrapers were blown out, and it was a mess.

Hurricane Alicia, August 18, 1983.  Downtown window breakage mostly due to the loose gravel covering the roof of the building (Tenneco Building) I worked in at the time.  Seems the loose gravel was not, in fact, impervious to sustained high winds.

94 wow, got stuck on the last threat with a turd and a shriveled cucumber while they were blowing each other. I will have to start drinking heavily

95

Even an 8 yr old can get his head around the FACT that destroying wealth does not create more wealth.

We've pretty much established that some 52% of the voting populace is just about as smart as an 8-year-old.

And never forget that ad with Glen Close and her unfortunate sister with a mental disease: one in six Americans have some sort of problem processing information correctly. Although that number may be inflated to increase the emotional impact, I don't doubt it that much.

96 The fapping liberal retards would profit from a look at what Hurricane Andrew did to George Sr's re-elect prospects, and what Katrina did for George W's congress.

I realize most of these urban hipster fucks have never gone through a hurricane-or anything else, other than college and a writing gig for some progressive think tank, but every day the power remains off and potable water remains unavailable just adds to the legion of people who really really do not like the stumbling clusterfuck of a miserable failure.

They should be beseeching their beloved Gaea to make sure Irene misses NYC and just slaps around those Republicans out on Long Island.

Fools

97 Prayers for any Morons caught in the storm or its aftermath.

Keep your powder dry and your loved ones close and safe.

98 Meh...AJ Burnett is next in line for the SCoaMF crown.

99

AJ Burnett is next in line for the SCoaMF crown.

 

Fuck AJ.   They need to send him down to double a.

100 there's a tard on the previous thread who claims to have a degree in economics summa cum laude. I'm trying to get it to explain economics to me. please join the class...

101 Liberals keep arguing that it is literally true that a vandal going up and down a street shattering windows is doing a public service, for that vandalism of $1000 worth of windows will result in the spurring of $1500 of new economic activity. Which kind of helps explain the whole "soft on crime" thing, they think it's a net social good. Of course, taken to its extreme, global nuclear war would be the ultimate in stimulus. But that's too stupid for anyone to actually believe... isn't it?

102

This animates (partly) the idea that WWII was what got us out of the Depression.

Which is really not true either. All that WWII did was to mask the effects of unemployment by reducing the size of the labor pool for a while. Oh, and it also provided a situation in which FDR found some private industries he didn't want to bully out of existence. Then the old buzzard kicked off and we got Truman who—though not particularly well-educated economically—at least wasn't a dilettante with smug animosity toward the concept of a private sector economy.

103 Posted by: rfichoke at August 26, 2011 08:24 PM (SYhX2) Also that we left the war with a large and intact industrial base that most others lacked. They needed stuff and we could make it. So to replicate that today, not only would we have to invest heavily in industrial infrastructure, we'd also have to wreck everyone else's. It probably still wouldn't work, there was a lot of saved and recovered wealth at the end of WWII as well, for various reasons.

104 Who the hell is that McCotter guy?

105 What got the US out of a depression was not OUR expenditures in WW2. It was the fact that the rest of the world sent THEIR wealth here to buy supplies for WW2.

Britain went broke sending us gold and cash. Finally trading us land for guns.

And then, post war, if someone in the world wanted to buy a factory made product, that intact and in many cases brand new factory was in the US for a number of years.

106

I want to suggest there is one situation where Krugman-esque logic works.

Suppose that under ordinary circumstances in Krugman's socialist paradise, a worker is a minority partner in his own work. Suppose there is a cumulative tax rate of 70% and most or all of that money disappears into the hands of groups the taxpayer is not a part of. Under such circumstances the person is unlikely to put much enthusiasm into his work. Make it 100%. At some point it makes no sense to work at all, unless the only way to eat is for the state to feed to you and the only way to be eligible is to work. But your productivity is going to be damn low.  Similarly, I'm not going to invent anything new unless I reap the benefits of the effort.

Suppose, though, that the country becomes involved in a prolonged existential war. Imagine you are a Russian in late 1941. The communist system had been busy starving itself after squandering its initial windfall. But suddenly you have the 'Great Patriotic War' and every Russian pitches in with their best possible effort because they all know perfectly well what is happening to the unfortunates that are caught on the wrong side of the front. I'll work, and work well, because now I'm receiving the benefit of survival. Further, I won't tolerate the presence of slackers if something as basic as my own surival is at stake.

Krugman (and others) could be right if there are situations where the majority of people will voluntarily up their productivity, and the pace of technological advance, over a sustained period of time. I suppose, though, that the supposed productivity/technology upgrade would have to be large enough to overcome the disaster that is presupposed by the "broken windows" scenario.

107 Paul Krugman- Stuttering Clusterfuck of a Former Enron Advisor.

108 What kind of bow does Perry endorse ?

109

I realize the Krugman piece was fake, but commenters who agreed with the premise weren't, they thought it was brilliant. Good reading if you like laughing at mindless liberals (birm).

110
This web site is my breathing in, really fantastic pattern and perfect subject matter.

111 Stupid shitheads. Any kid who has played any kind of resource management/war game knows that it's better to be able to build new plants than to have to replace ones that have been destroyed. This is what? Third grade stuff?

Stupid shitheads.

112 The "Cash for Clunkers" program was based entirely on the broken windows economic theory, what a bunch of looser idiots!

113 It is such a dumb way of looking at things because they leave out the human element too. Sure $1000 or $1500 in dumped into the economy, but the initial spender is left there with exactly what he had the day before, minus $1000. Now maybe if he had that $1,000 he'd, as you said, go out and buy a new suit, he'd than bring his old suit to red cross or other place that helps people, where someone could get it. Now he ends up with a good feeling for what he did, someone ends up with $1,000 for the cost of the suit and a 3rd person ends up with a suit that he can now use on a job interview.