Paul Krugman: Bwahahahaha, Newt Edition


Bwahahahaha, Newt Edition, by Paul Krugman, in NY Times:

The former Speaker says,

“This is a Paul Krugman presidency,” Gingrich told Bill O’Reilly. “[Obama] believes that stuff. He actually believes in left-wing economic ideas. The only problem with them is that they don’t work.”

Yes, I’m secretly giving Barack marching orders, and only pretending to be deeply frustrated by his actions and rhetoric.

Incidentally, those “left-wing economic ideas” are Economics 101; and try stacking up my economic predictions over the past few years against any of Gingrich’s favorites.

Speaking of which, the interest rate on US 10-year bonds is currently 2.62%. Crowding out!

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