Wednesday, October 26, 2011
Krugman goes over to the Dark Side
Perhaps because of all the bad news he has been revealing to us, Dr. Krugman has finally lost his soul, as his latest column reveals.
Greetings…it's your favorite dead-itorial writer, Paul "Bearer" Krugman, here to talk to you again about some rather, shall we say, chilling developments in the national economy. Ah, yes, it is a very dark and stormy night indeed for our financial system, dear readers, the kind of night that sends shivers up one's spine and sends the national unemployment rate soaring to nearly 10 percent. So curl up under your covers, and keep the candlelight close, because I will now tell a tale of economic woe so terrifying it may just make your hair stand on end.So tragic. Did you notice, he has even changed his photo.
Remember when the economy was BOO-ming? When predatory lenders were sucking the blood of homeowners and confidence in the market was ghoulishly high? Little did we know about the creeping, malevolent spirit of fiduciary calamity that lurked in the dark shadows, ready to pop out and gut the $230 billion federal surplus reported by the Congressional Budget Office for fiscal year 2000. What poor, damned fools we were over the next decade to let our national balance sheet slip so far into the deep, bloody red! Now it seems our economy has been buried alive, and the day may never come when it will once again rise from the dead.
Or should I say rise from the debt?
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