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Paul Krugman, the brilliant economist says that conservative economics will turn the U.S. into another Greece!

Comrades, we have been preaching this for years! Greedy conservative swine will cause the downfall of this great country! As for Greece, they need help from the good American socialists, since they're obviously doing it wrong. In a country where government revenue is less than expenditures, and has an inefficient tax collection system. It's obvious they are not spending enough on social welfare!

Paul Krugman: It's conservative economics that will turn us into Greece

Lol love the picture!

Krugman economics reminds me of ancient Babylonian economics. Their empire was funded by the taxes that would devastate the economies of the outlying conquered communities. Not all of them at once. They had a system where, if I remember correctly, every five years a subject area would be taxed of just about everything they had.

To a Babylonian Paul Krugman "austerity" would mean that the government of Babylon no longer was able to squeeze any more loot out of the poor conquered territories (and thus it's loyal rent-seeking corrupt people that depended on the heartless plunder of conquered subject areas by the brutal army). To the poor conquered territories getting plundered into destitution "austerity" took on a very different meaning.

Greece and socialism are really just ancient plunder economics. There was probably a Babylonian Paul Krugman too. It's the same arrogant mindset of empire. Only now the statists lessen the blow of plunder by inflating the currency so that it seems as if you still have your wealth - but it'a all been inflated away.

The real "austerity" that destroys economies is what happens to our bank accounts when central governments tax and inflate our wealth away to feed their statist empires.

I thought austerity meant to let the Germans pay for it.

Krugman is famous for his scientific predictions and practical recommendations:

Excellent comrade. Best I've seen all year on the kollective. Whatever you say is fact.

Krugmann is my colleague at the State Science Institute. His office is in the building next to mine.

I'll never forget the time he called for an invasion from outer space to fix the economy! That boy is always thinking!

Red Square wrote:

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Comrade Red Square, This inspires the thought of how much The People's Cube has effected the economy. Though, I don't have time, or a decent enough interwebs connection, to write an article about it.

Komrades! Krugman is Korrekt™ We cannot allow Evil Conservatives™ to turn us into Greece when the object is to turn us into the Soviet Union!

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One of my favorites.