Re: Paul Krugman: Wasting Our Minds

L'old Kiethie-

You said earlier in this group that you would never respond to another
one of my posts again. Then you attacked me and called me an asshole.

You just did respond again.

You, Kieth, are a big old LIAR!

On Apr 30, 3:22 pm, Keith In Tampa <keithinta...@gmail.com> wrote:
> Exactly Michael, and the tuition costs have risen accordingly, just as you
> have indicated.
>
> Krugman is an idiot.  A Keynesian economist at his finest.......
>
>
>
> On Mon, Apr 30, 2012 at 1:13 PM, MJ <micha...@america.net> wrote:
> >  I mean, "get the education"? And pay for it how? Tuition at public
> > colleges and universities has soared, in part thanks to sharp
> > reductions in state aid.
>
> > Krugman is a hack, of course. He gets this BACKWARDS (but what is new).
> > Tuition has soared PRECISELY because financial aid has been made so
> > plentiful and readily available. Let's look back a few years when the
> > Community Reinvestment Act was in full swing ... house prices were
> > inflating more and more and more (until they popped) ... why? SAME reason.
> > The Fed along with Fannie and Freddie were pumping plenty of dollars and
> > making them readily available to anyone and everyone for projects that
> > would have never otherwise been undertaken.
>
> > Regard$,
> > --MJ
>
> > To fight this recession the Fed needs more than a snapback; it needs
> > soaring household spending to offset moribund business investment. And to
> > do that, as Paul McCulley of Pimco put it, Alan Greenspan needs to create a
> > housing bubble to replace the Nasdaq bubble.  -- Paul Krugman, August 02,
> > 2002
>
> > --
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