Biggest Bogon Emitter - Paul Krugman (AGAIN!)

[AnCap Dave]

Source

We're coming up on the second anniversary of my piece "Myths of Austerity", in which I tried to knock down the simply insane conventional wisdom then gelling among Very Serious People. Intellectually it was, I think I can say without false modesty, a huge win; I (and those of like mind) have been right about everything.

But I had no success in deflecting the terrible wrong turn in policy. Moreover, as far as I can tell none of the people responsible for that wrong turn has paid any price, not even in reputation; they're still regarded as Very Serious, treated with great deference. And the political tendency behind that terrible economic analysis has at least a 50% chance of triumphing in America.

Oh well.

Meanwhile, Ed Balls — who I gather was nearly forced out of a leadership position by the Very Serious members of the Labour Party — has been right all along, and now has a great term for the failed policy prescription: since it was advocated by Cameron, Merkel, and Sarkozy, he calls it "Camerkozy" economics. Well done.

>I have been right about everything

Well shit....we won't need a Biggest Bogon Emitter anymore because nothing will top that anytime soon.

[MrBogosity]

Intellectually it was, I think I can say without false modesty, a huge win; I (and those of like mind) have been right about everything.

Wow, what an egotistical snot! And someone tell him what "false modesty" means! I guess he's technically correct, he said it without false modesty--because he said it without ANY modesty!

He's seriously gunning to be Idiot of the Year...