The Hippy Hippy Shake

It doesn’t matter that Kthug is a Nobel prize-winning economist. Joe-Scar has his beliefs, and he is sticking to them.

And the decline of western society marches onward.

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55 replies
  1. 1
    Hill Dweller says:

    Krugman rightly cites this abomination of a column and some flailing in Europe as signs of desperation from the austerians.

    Squint Scarborough is a half-wit, but that is a feature in the Village.

  2. 2
    Litlebritdifrnt says:

    Joe believes what he believes and he has his willing sychophants regularly booked on the show to agree with him and call Krugman an idiot (see Ratner, Ford, et. al.) What is amusing is that Joe is taking to Politico almost daily in order to rebut Krugman. Methinks it is not going to turn out well for Joe. They need to get Mika’s dad on the show to call Joe an idiot all morning again.

  3. 3
    Flukebucket says:

    I was once told that economics was not a science but was a religion. I will never understand any of it.

  4. 4
    Poopyman says:

    How many times does one of us have to write some variant of “Forget it Jake, it’s Politico”? It actually makes sense that JoeScar got published there,although I suspect there would have been a lot of takers.

  5. 5
    Litlebritdifrnt says:

    Oh BTW I have a kitten on my lap and a puppy at my feet. Life is good.

  6. 6
    General Stuck says:

    Scarborogh is a four square moron, spawned on the Redneck Riviera. But it should also be obvious that our economy is suffering from some long term structural problems, that really aren’t debt related, for now. Or that short term stimulus can readily fix. For now. But you got to keep the patient breathing in the meantime, and government spending is the only way to do that.

  7. 7
    PsiFighter37 says:

    Maybe if Joe talked about why dead interns were in his office, I’d bother to pay any attention to the crap that leaks from his excuse of a brain.

    Fuck him, and fuck all the Laffer supply-siders who think the trickle-down unicorn and the austerity neopluradon will magically fix stuff. At least if the sequester goes through, these clowns may see some pain in the D.C. area, which basically was unscathed by the recession. Someone needs to open their eyes.

  8. 8
    Mister Harvest says:

    “Fixing this horrible, horrible problem that is horrible because it is horrible will require us to punish lots and lots of people who are poorer than I am. Really punish them. Not just a little bit, but really really punish them. I get all tingly when I write that.”

  9. 9
    dr. bloor says:

    Ugh. Forewarning about links to Politijoke, please.

  10. 10
    Litlebritdifrnt says:

    Listen Joe has the same problem that my local RWNJ radio host has, he is able to have two completely and utterly contradictory positions in his head at the same time and then spout lyrical about them. For example just this week he (my local RWNJ radio host) was saying that “government doesn’t create jobs” while hosting an entire show with his guest the lobbyist for “Alliance for Cherry Point’s Tomorrow” (ACT) who is making sure that the local Military bases are not impacted by the sequester and thereby devastating the local economy which said RWNJ host tells us on a DAILY fucking basis is the largest payroll in Eastern NC.

    Because we have had snow this weekend I am sure that on Monday he will begin the show with “how is that global warming thing working out for you” and then laughing his ass off while hosting a show JUST THIS WEEK on “sea level rise” and the impact it is going to have on insurance rates for coastal properties and what we can do about it.

    These people are insane. We all need to accept that and just figure out how to work around them.

  11. 11
    WJS says:

    America’s fiscal predicament is serious. The problem has become obvious in the last few years, but it has been building for decades, largely the result of promises of extensive social benefits without a corresponding willingness to pay for them.

    Finally, someone realizes what we’ve known all along: Ronald Reagan did nothing to save Social Security or deal with America’s problems.

    It takes a brave, brave man like Joe to tell it like it is–Reagan was a fraud. And President Clinton was a much better President than Joe will ever admit.

  12. 12
    Redshift says:

    Derek Thompson at the Atlantic had a nice post about Scarborough’s whining. The forgotten element of the argument is that Krugman’s point was not just that we shouldn’t be focusing on the debt now, but that the Beltway crowd is incapable of focusing on more than one thing, so they should be focusing on jobs now. Scarborough insisted that they can “walk and chew gum at the same time,” and then spent the entire week, in every outlet available to him, yelling about debt and deficits and never mentioning jobs once.

  13. 13
    hitchhiker says:

    @Litlebritdifrnt:

    These people are insane. We all need to accept that and just figure out how to work around them.

    Appears to me that that’s exactly what the president has decided.

  14. 14
    Redshift says:

    It doesn’t matter that Kthug is a Nobel prize-winning economist. Joe-Scar has his beliefs, and he is sticking to them.

    C’mon, let’s not get authoritarian here. The key here is that Krugman is highly trained and knowledgeable, and that he presents compelling evidence to support his position, not that he’s a bigwig.

  15. 15
    El Cid says:

    Paul Krugman may have lots of facts and carefully constructed arguments and logical comparisons, but Joe Scarborough has what Krugman doesn’t: a loudmouth, boorish ability to substitute volume and an appearance of shocked incredulity for these namby-pamby whiners going on about what is or isn’t true, etc.

  16. 16
    El Cid says:

    @Redshift: Except that the key there is that JoeScar has neither compelling arguments nor any other type of qualification or achievement which would suggest a worthy role in influencing in any way great or small a national debate on economic policy.

  17. 17
    Chris says:

    @Flukebucket:

    Depends whose economics. For Communists and Randroids, it’s a religion. But Adam Smith and John Maynard Keynes did just fine treating it as a science.

  18. 18
    Villago Delenda Est says:

    Scarborough is, quite simply, a waste of skin.

  19. 19
    Mandalay says:

    Scarborough’s article is shamelessly cutting and pasting from another article by an economist from the RAND Corportation, and using a call to authority: you don’t have to believe me, this stuff is coming from the RAND Corporation!!!

    But it is telling to read the original article, and see what Scarborough chose not to cut and paste:

    America’s fiscal predicament and the seeming inability of its political system to resolve these matters may be taking a toll on the instruments of U.S. “soft power” and on the country’s ability to shape international developments in ways that serve American interests…

    Economists at Stanford and the University of Chicago have demonstrated that uncertainty about economic policy—on the rise as a result of political squabbling over U.S. fiscal policy—typically foreshadows slower economic growth…

    Putting U.S. government financing on a sustainable path will require painful adjustments over a number of years—increased government revenue and painful reductions in government outlays, almost certainly including outlays for defense and international affairs.

    Funny how Joe loved the RAND article so much that he copied negative chunks of it word for word, but carefully skipped the parts that reflected badly on Republicans: political squabbling hurting the economy, the need for increased government revenue, and the need to cut defense spending.

    Scarborough is a fraud.

  20. 20
    Litlebritdifrnt says:

    @hitchhiker:

    Thank the FSM for that too. You simply cannot reason with people like that. It is time we, as well as POTUS, realized that.

  21. 21
    muddy says:

    He always looks so funny to me, because they use so much white concealer around his eyes, to make them less gimlet-like. The whole area just glows. It proves he’s an idiot, else he would ask them to do a better job. Probably he thinks he looks pretty that way. Fucking bitch.

  22. 22
    22over7 says:

    This kerfuffle is only about Krugthulu embarrassing Joe on Joe’s own show. So Joe is wailing and gnashing about things he doesn’t understand because he’s not allowed to take Krugman behind the bleachers after school.

    But the larger entertainment is the discomfort of the Villagers. Remember that Joe went badly off the reservation about guns. Fred Kaplan insulted Senate Republicans. Ruth Marcus slapped Senator Cruz’s hand in her last column, for being intemperate in public.

    When David Gregory has a show discussing exactly how crazy the republicans have got, then we’ll know we’re winning.

  23. 23
    Litlebritdifrnt says:

    BTW go here

    http://www.digitaltheatre.com/.....nAodYy4A0Q

    Where you can download the best of British theatre (for a fee) and watch brilliant plays like David Tennant and Catherine Tate in Much Ado About Nothing. I literally LOL’d. It is a great production. I am going to download Jonathan Pryce in “King Lear” next because I love him as an actor.

  24. 24
    waynski says:

    Joe is the Hank Kingsley of politics. Hey now!

  25. 25
    Ted & Helleno says:

    What’s great though, John, is how Obama, immediately after taking the white House five years ago, asked the Nobel Prize winning economist Paul Krugman to join his administration to bring sanity and accountability back to the financial sector.

    What they have achieved over the last four years is nothing short of…

    …oh wait.

    Never mind.

  26. 26
    Buffalo Rude says:

    I, for one, welcome and encourage more imbeciles like Squinty to hang their bare asses out there for credentialed economists like KTHUG to empirically kick all over the place.

  27. 27
    DH says:

    And The Mustache of Understanding feels the same way:

    http://www.nytimes.com/2013/02.....us.html?hp

    Since asking anyone to read Freidman’s prose is like asking someone to eat broken glass, I will simply give this gem of an insight in his column here if you don’t want to be a masochist
    and read the whole column:

    “I believe there is now a group of Republican politicians and C.E.O.’s who would meet Obama in the middle”

    Where are these persons? On the Moon?

  28. 28
    katie5 says:

    Used to stream JoeScar every morning. He woke me up by getting my blood boiling. In the past month, he’s become unhinged about the debt. We use the word unhinged a lot but Scarborough gets so worked up that he’s started screaming at his guests. So much so that he makes Ed Rendell uncomfortable. Tragedy is that Mika, the one voice of relative reason, now believes this shit.

  29. 29
    katie5 says:

    @22over7: But JoeScar went off the cliff on the debt way before Krugman showed up. I was flabbergasted that Krugman was allowed on Joe’s show, so much is he surrounded by nolabels sycophants.

  30. 30
    muddy says:

    @Redshift:

    C’mon, let’s not get authoritarian here. The key here is that Krugman is highly trained and knowledgeable, and that he presents compelling evidence to support his position, not that he’s a bigwig.

    I imagine he got that “bigwig” title, by presenting compelling evidence in the first place.

  31. 31
    waynski says:

    Just to follow up: linky

  32. 32
    katie5 says:

    @Redshift: @muddy: Yet another example of right-wing selective acceptance of science. It’s good science if it supports their POV. Or it’s bad science, in which they undercut all science. My way or total annihilation. The asymmetry is breath-taking.

  33. 33
    waynski says:

    @katie5: This. I tuned out of Morning Austerity months ago.

  34. 34
    katie5 says:

    @waynski: Plus his inflated badge of courage in adopting these causes. Guy acts like he should receive a purple heart for his stances. Unfortunately, that’s what draws viewers to his show–the nobility of the iconoclast. Freakonomics takes to MSNBC.

  35. 35
    El Caganer says:

    @DH: In the middle of what? On second thought, I’m not sure I want to know.

    And that Rand senior economist must be some mega-heavy dude, so much so that Joe could neither mention his name nor link to his writing.

  36. 36
    Steeplejack says:

    Oh, jeez, the site has gone full bork on me. Suddenly I appear to be getting some variation of the mobile site on my laptop.

    ETA: And now I’m back to the regular version. Trippy.

  37. 37
    balconesfault says:

    More troubling for the future is that private domestic investment—the fuel for future economic growth—shows a strong negative correlation with government debt levels over several business cycles dating back to the late 1950s.

    Well yeah. When the economy crashes, government debt goes up, and private domestic investment goes down. Duh.

  38. 38
    My Truth Hurts says:

    Joe is right about Paul Krugman. Just as right as he was about Nate Silver.

    What a hack.

  39. 39
    Brother Shotgun of Sweet Reason says:

    @Steeplejack: I get the mobile site on the next post (Open Thread) but not on any of the others. And I can’t click it back to the desktop version.

    Strange things are happenin’.

  40. 40
    Mnemosyne says:

    @Chris:

    IMO, the problem with a lot of economists is that they can’t admit that their field is social science. They love to pretend that the models they come up with are as immutable as Newton’s Laws, but economics doesn’t exist without people.

  41. 41
    Heliopause says:

    Gotta hand it to Scarborough. It’s obvious that if you took a random turd from either Krugman or Nate Silver, cut it in half and then divided the remainder by fifty, it would still be about a gazillion percent smarter than him. Just what makes that little old ant think he can move a rubber tree plant?

  42. 42
    angler says:

    This is good for Krugman and the Keynesians. Scarborough plays for the Washington Generals, and is being dunked on and pantsed as did the Harlem Globetrotters to their set up men. More proof of MSNBCs liberal bias that they make this doofus the voice of the right.

  43. 43
    RSA says:

    @Mnemosyne:

    IMO, the problem with a lot of economists is that they can’t admit that their field is social science.

    As a non-economist, I have that impression too. The data are so equivocal that you can see different schools of thought with diametrically opposed theories about what’s going on and what to do to change things. And values creep in without being acknowledged, I think.

  44. 44
    qwerty42 says:

    John wrote:

    It doesn’t matter that Kthug is a Nobel prize-winning economist. Joe-Scar has his beliefs, and he is sticking to them….

    John, John, John … your attachment to credentials and the various things that might qualify you as “someone who can speak knowledgeably about …” is so old-fashioned. These days, it is about sound-bites, and slogans, and “strongly-held” ( erroneous, no matter) beliefs and whatever else can be used to deceive the populace. Really, you need to get with it.

  45. 45
    Roger Moore says:

    @DH:

    “I believe there is now a group of Republican politicians and C.E.O.’s who would meet Obama in the middle”

    This is quite true. The President has offered to use a mix of spending cuts and revenue increases to reduce the deficit. The Republicans and CEOs are willing to meet him halfway by accepting the spending cuts but not the revenue increases. Isn’t that fair?

  46. 46
    WereBear says:

    @Litlebritdifrnt: download Jonathan Pryce in “King Lear” next because I love him as an actor

    I do think he’s been overlooked. Sounds like a great “Lear”!

  47. 47
    Mike G says:

    Shorter Republicans:
    My ignorance is better than your knowledge. Because I can shout louder. Also Jesus.

  48. 48
    waynski says:

    @Mike G: Perfect.

  49. 49
    liberal says:

    @muddy:
    Yes, but there are certainly “Nobel”-winning economists whose views aren’t predicated on real-world data. Like all the RBC-advocating ones.

  50. 50
    Applejinx says:

    @muddy:

    so much white concealer

    I can still see him. Not enough.

  51. 51
    Cheryl from Maryland says:

    @Litlebritdifrnt: Thank you for the link. I saw Jonathan Pryce live at the RSC in Measure for Measure and have always wanted to see him perform in Shakespeare again. Do you know if there is a service charge for converting pounds into dollars, or the price so reasonable and the product so fabulous one doesn’t care?

  52. 52
    Frank says:

    Reminds me of the days when Andrew Sullivan used to do this with Krugman. What fun it was as Sully would go down in flames, again and again.

  53. 53
    Rex Everything says:

    It doesn’t even begin to matter to the Joe Scarboroughs of the world that Krugman has been right about everything for at least 10 years (and there’s an easily accessible track record there), while the austerians and deficit hawks have been wrong about everything.

  54. 54
    SFAW says:

    @Litlebritdifrnt:

    I am going to download Jonathan Pryce in “King Lear” next because I love him as an actor.

    Yeah, his Infiniti commercials (i.e. the Zen ones) were the apotheosis of that high art.

  55. 55
    Tomolitics says:

    Joe Scar is getting pantsed again, just like he did by Mika’s dad:

    http://www.youtube.com/watch?v=0mk18af8z9Y

    And for those playing the home game, Zbig is right about Taba and Joe Scar is WRONG (quelle suprise):

    http://en.wikipedia.org/wiki/Taba_Summit

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