So, have you learned anything from the collapse of Greece or Detroit or from the success of Texas? If you did, well then that’s why you’re not a Nobel-prize winning economist, because Paul Krugman says there is nothing to learn from any of those. Who knew that economics doesn’t use data?
And also on the learning nothing front, Obama gave a speech on economics yesterday which, if you weren’t live in attendance, you could have sworn was a rerun. All these years watching the economy, flounder, and apparently he’s learned absolutely nothing. Krugman must be nodding his bearded chin in approval.
I’m starting to worry about the whole country collapsing in a pile of debt and unemployment, but I guess I shouldn’t get too worried about. It’s not like there will be a test afterwards… since there will be nothing to learn from it.