Archive for the ‘Paul Krugman’ Category


Bill Whittle thinks that President Obama is trying to deliberately hurt America through the questionable sequester budget cuts. Why would the President of the United States try to punish the nation he has sworn to protect?

via PJTV: Making It Hurt – YouTube.

TANSTAAFL h/t Robert A. Heinlein in The Moon is a Harsh Mistress “There ain’t no such thing as a free lunch.”

Milton Friedman, recipient of the 1976 Nobel Prize for Economic Science, was one of the most recognizable and influential proponents of liberty and markets in the 20th century, and the leader of the Chicago School of economics.In this video from the grand opening of the Cato Institutess headquarters in Washington, D.C. in 1993, Milton Friedman gives a talk about popular political aphorisms, one of his favorites being the one he helped popularize in the title of his 1975 book, “Theres no such thing as a free lunch.”

Download the .mp3 version of this lecture here: http://bit.ly/X4cW9X

 

The common explanation for rising gas prices makes an exciting news story: Villainous oil companies are taking advantage of helpless consumers. Prof. Art Carden explains that this popular story is inaccurate. Gas prices go up and down based on the laws of supply and demand. Political problems, such as barriers to the development of new sources and new energy sources, also contribute to rising prices. Gas prices would be lower if we didn’t have such barriers. Prices would also be lower if demand were not artificially increased through war and other wasteful expenditures.

via Why Are Gas Prices So High? – YouTube.

You have to wonder when SNL takes on Obama’s nonsense.

 

 

Saturday Night Live opened the March 2, 2013 episode taking on the big sequestration fight in Congress, with Jay Pharaoh as President Obama admitting to the American people that “I really have no idea how money works or how budgets work,” but did his best to explain to the American people the real-world effects of the budget cuts.

via SNL – Obama Budget Cut Methods – YouTube.

Across the Atlantic, Americans see European economies faltering under enormous debt, overburdened welfare states, governments controlling close to fifty percent of the economy, high taxation, heavily regulated labor markets, aging populations, and large numbers of public sector workers. They also see a European political class that is unable — and, in many cases, unwilling — to implement economic reform. This timely and sobering video explains why Americans cannot ignore the “canary in the coalmine” across the pond in determining our future. We must ask the question: “Is America becoming Europe?”To learn more read Dr. Samuel Greggs Becoming Europe: Economic Decline, Culture, and How America Can Avoid a European Future: http://www.amazon.com/dp/1594036373/

via Is America Becoming Europe? – YouTube.

Not the way he advocated for ObummerCare. I’ll leave it to the viewer to determine when he lied, then or now. And why?