The disillusionment of Paul Krugman and The New York Times

Considering their desire to cure perceived social injustices, the editors of the NYT and columnist Paul Krugman's agenda is to punish the wealthy to benefit the poor

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WASHINGTON, Sept. 18, 2015 – On Friday the New York Times published an editorial entitled “Crazy Talk.” On the same day NYT columnist Paul Krugman wrote a column, “Fantasies and Fiction.”

Both pieces claimed that the Republican debate showed just how crazy the Republican positions are, particularly on economic and foreign policy issues. The truth is that both the editors and Krugman continue to operate in a world where their quest to correct perceived social injustices has clouded their objectivity.

It’s Officially Time To Stop Taking Paul Krugman Seriously

The editorial calls the Republican plan to enforce immigration law “crazy.”

While most Republicans will likely agree that it will be extremely difficult to round up all of the immigrants who clearly broke the law when they entered the country, Trump’s idea to find them all, deport them and then allow some back in, is appealing.

The NYT wants to allow the illegals to stay here, almost unconditionally.

The Republicans also want to secure the borders to attempt to stop the flow of illegals. Most Americans are at least concerned that with so many people entering illegally there is a strong possibility of terrorists being among them.

The NYT claims the immigration problem “doesn’t exist anyway. Illegal immigration has fallen essentially to zero.”

Are they delusional? Can anyone other than the NYT, or maybe the Obama administration, say that with a straight face?

Nobel Prize-winning economist Paul Krugman claims that the Republican candidates “are clearly living in a world of fantasies and fictions.” He further claims that low taxes on the rich is a policy “that has failed completely and utterly in practice over the past generation.” For a person of his intelligence, it is difficult to see how he supports his conclusions.

Krugman claims that Bill Clinton raised taxes and that led to a “huge economic boom.” Wow! Bill Clinton, working with a Republican Congress, balanced the budget, which meant the federal government did not have to pull hundreds of billions of dollars out of financial markets, which left more capital available for business to expand.

President Clinton also reduced the number of people on welfare and other social programs. The result was that these people had to earn their income, rather than have it given to them. They found jobs, became free of the government and contributed to economic growth rather than just being paid to do nothing.

Paul Krugman’s feeble justification for big government

Clinton declared that the “era of big government is over.” That achievement and the balanced budget is really what led to expansion. If Krugman really believes that increasing taxes will lead to economic growth, with all due respect, he must have missed looking objectively at the actual data.

Krugman, like most in today’s Democratic Party, believe that very progressive income taxes are best for the economy, citing that income taxes have always been progressive and the economy has almost always grown under such a regime. However, if we examine the times when taxes became less progressive, economic growth actually accelerated.

In 1982 Congress reduced taxes for all Americans, especially for the highest income earners, which resulted in a far less progressive tax system. The result was that the economy went on a 25-year expansion (with small hiccups in 1991 and 2001.)

After bashing the Republicans on taxes, Krugman next looks at the Republican position on foreign policy. The facts are that, when the current administration entered office, there was one major war in the world in Afghanistan. In the Middle East, the Iraq war was winding down with the U.S. clearly the winner. Today the world is in chaos, with wars and threats threatening many areas across the globe.

The notion that democracy could eventually come to Iraq eventually encouraged citizens of other Middle Eastern and Northern African countries to seek democracy in their countries. This movement, now largely and unfortunately aborted, eventually became known as the Arab Spring. Unfortunately, at this crucial time, President Obama failed to provide enough leadership and assistance to those countries. In 2009, protesters in Iran sought help to replace their regime. Once again, Obama failed to provide any assistance.

Obama’s position is to turn the other cheek and lead from behind. The Republicans want to operate under the same “peace through strength” doctrine that was very successful for America in the past.

Presidents Reagan and Kennedy applied this philosophy when dealing with the Russians in Cuba in the 1960s and in Eastern Europe in the 1990s. Each time, the result proved beneficial for the U.S.

Considering their desire to cure perceived social injustices, it is understandable that the editors of the NYT and columnist Paul Krugman are trying to push an agenda that blames the problems of the lowest income earners on the wealth of the highest income earners who contribute the most to the nation’s economy.

They also believe that if we are nice to our enemies they will be nice to us. The problem is, those philosophies not only don’t work. They actually make the problems worse, as anyone today can plainly see.

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