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Poor and StupidHow big government, big business, big media and big academia block your road to financial freedom- and tell you it's for your own good. |
KRUGMAN DECIDEDLY INDECISIVE
Posted on 11/02/2006 10:46 AM | Link | Post Comment
I guess Paul Krugman has finally come to terms with the reality that his forecasting record -- forecasting of just about anything -- sucks. At a recent presentation in Princeton he proclaimed about the coming election, "The Kerry bumper stickers are still on and passions are high ... the perfect storm is here." Ahh, but is the perfect storm perfect enough? Maybe not. He continued, "Whether it's enough? We just don't know." And how about this for indecisive?
"There's a Democrat storm surge that's heading for the Republican levee... The question is whether the surge is high enough to pass that levy."In other words, "who knows?" And how about this?
"If I had to guess right now, I think the Democrats will take the House, but it's not going to be close... They will either fail or win by a large margin."In other words, "who knows?" And this, concerning what would happen if the Dems win:
"There's a real question of whether they'll be able to hold on... Perhaps when people feel that the Republicans have been punished, they'll go back to voting Republican again."Frankly, this worries me. If Krugman were crowing about a certain Dem victory know, I'd feel a lot more comfortable that a GOP upset was in store.
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