iPhone app iPad app Android phone app Android tablet app More

WATCH: Paul Krugman Wonders If Boehner, Other Republicans Are 'Manchurian Candidates'

Posted: Updated: 05/18/2012 7:05 pm

Paul Krugman Manchurian Candidate

Appearing on "Martin Bashir" Friday afternoon, New York Times columnist Paul Krugman said that Republican leaders' economic policy is so destructive that "sometimes you do wonder if these guys are moles –Manchurian Candidates – for I don’t know who." (Watch above.)

Krugman also called lawmakers who think austerity programs will jumpstart the economy "completely deluded."

Throughout his appearance, the Nobel Prize-winning economist proffered a philosophy familiar to readers of his column: Governments should spend more, not less, during tough times. He called the austerity programs that have been put into place in Europe and the U.S. a "massive unethical human experiment," and argued that "even if you don't care at all about the people...cutting spending right now now is a way to make the budget, too."

Responding to a clip of Congressman Paul Ryan comparing American economic malaise to that of Greece, Krugman outlined the many differences between the two countries, then attacked the Republican rising star. "About Paul Ryan--you should really look at Paul Ryan's budget, and what's really in it, as opposed to the empty promises," Krugman said. "His budget would actually increase the budget deficit. He wants to slash taxes on the rich, cut benefits for the poor, but it adds up to an increased budget deficit, not a reduced one."

Bashir then asked what Krugman thought of John Boehner's recent assertion that he would once again force a showdown over the U.S. debt ceiling.

Krugman compared Boehner and his ilk to Manchurian Candidates, whose "real job is to bring down America." Republicans have become so extreme, he said that their strategy at the negotiating table is simply to "threaten to destroy the economy unless they get what they want."

FOLLOW POLITICS
Subscribe to the HuffPost Hill newsletter!
Appearing on "Martin Bashir" Friday afternoon, New York Times columnist Paul Krugman said that Republican leaders' economic policy is so destructive that "sometimes you do wonder if these guys are mol...
Appearing on "Martin Bashir" Friday afternoon, New York Times columnist Paul Krugman said that Republican leaders' economic policy is so destructive that "sometimes you do wonder if these guys are mol...
Filed by Benjamin Hart  | 
 
 
  • Comments
  • 3,204
  • Pending Comments
  • 0
  • View FAQ
Post Comment Preview Comment
To reply to a Comment: Click "Reply" at the bottom of the comment; after being approved your comment will appear directly underneath the comment you replied to.
View All
Favorites
Highlights
Bloggers
Recency  | 
Popularity
Page: 1 2 3 4 5  Next ›  Last »  (45 total)
04:54 PM on 05/20/2012
If Republican theory of economics were applied to food, they'd be giving fat people more food and starving hungry children. That's basically what Republican economic tax theory adds up to.
photo
HUFFPOST SUPER USER
Lucho13
12:27 PM on 05/20/2012
Its so simple . Sales and demand are the true job creators . My wholeseller was funny when ever I made an order. He would say " if you sell , I sell "

It's so simple .. I sell at retail , and buy from my wholeseller , who buys from the Manufactory Plant, who buys from ...... it goes on and on ..

Lucho
photo
HUFFPOST SUPER USER
cuddlebaer
I am retired military and a political activist!
12:00 PM on 05/20/2012
What Paul Krugman is describing is a political bully, a person in a position of power that uses his position to force his views on the electorate! This is exactly what John Boehner and Paul Ryan are. These two would rather push the country into a massive depression than admit the error of their ways. The Republicans in Congress and to a lessor extent the Republicans in the Senate need to be voted out of office. They need to be without a city or a country to support them nor to have friends to talk and joke with! These right wing idiot do not understand that the millionaires and billionaires do not spend on food and housing for the people! They are not responsible for clothing and schooling the children, or for the defense of our country! The American tax systen is a progressive tax system that taxes the poor less than the rich. The system allows the works the opportunity to get rich, then taxes you more when you are. The GOP wants to believe that trickle down works. Trickle down destroyed the economy in 1929, 1957, 1987, 2003, and 2008. Why do they think it will work this time? Are these right wing nuts so darned stupid that they really believe this will work, or are these writers correct they are actually working to bring down the economy of the US? If the US economy crashes the money that the billioaires now have will be nonexistant!
02:01 AM on 05/21/2012
I too wondered if they were stupid, but I believe it comes down to two things.

1) They want President Obama out of office, so they block all his ideas to help America. They are hoping for failure, even if it hurts the American people, just so he won't be successful and be re-elected.

2) When they give money to the rich, the rich pay them back handsomely. It's mostly about greed.
photo
HUFFPOST SUPER USER
cuddlebaer
I am retired military and a political activist!
02:16 AM on 05/21/2012
Well the bible say's that sin is the worst of the sins!
This user has chosen to opt out of the Badges program
photo
06:03 PM on 05/21/2012
The thing is that if they win with that strategy and then govern going with the Ryan program, the country will end in a depression, and the GOP will be thrown out and in disgrace forever. While the latter part might be good, the price we would have to pay as a nation is not worth it.

The only way a Romney admin could succeed is if they governed contrary to the Ryan plan. Now that would be quite a strategy; but it would only prove that the Krugman / Dem way is the right way.
photo
HUFFPOST SUPER USER
KarlMarx
02:01 AM on 05/23/2012
When Mitch McConnell and the Republicans after the election made it their goal to make Obama a "one term President" they made it pretty clear what their priorities were. Their actions in the past few years are very clear that they care more about themselves and power than what they are paid to do. Paul Ryan, and his gang are all not very good people.. I will look forward to the day that Paul Ryan is unemployed.
photo
HUFFPOST SUPER USER
cuddlebaer
I am retired military and a political activist!
12:28 PM on 05/23/2012
The majority of the projects that Paul Ryan has worked on have put members of his family to work. This man does not practice what he preach's!
photo
HUFFPOST SUPER USER
healthy chocolate
Ask me about Healthy chocolate!
11:44 AM on 05/20/2012
Funny how the Republicans wanna cut back NOW but were OK spending TRILLIONS on WARS that were based upon LIES. GTFOH!!!

VOTE DEMOCRATIC and KICK THE REPUBLICANS OUT!!!!
photo
BryantG
Vicariously Apathetic
02:21 PM on 05/20/2012
Yep!
photo
HUFFPOST SUPER USER
Watching rock grow
FE = Iron, and Female = Iron Male :)
11:40 AM on 05/20/2012
I agree with your Paul 100%!
This user has chosen to opt out of the Badges program
photo
06:19 PM on 05/21/2012
WHICH Paul?? -- K? R?
This user has chosen to opt out of the Badges program
10:31 AM on 05/20/2012
Fear and misery are the way to power for the Republicans. To get the white house back the Republicans benefit from higher unemployment, lower access to a social safety net, more homes in foreclosure, more and bigger wars. They need their base to beleive that the world is crashing around them, in order to motivate them to vote against the incumbent president.

The Republicans in Congress can help to make these ideas real by sabotaging the American economy and creating as much failure as possible: bankrupting the treasury, stopping any job creation bills, legislating the end of any means of government support to the poor and middle class.

Then the Republicans need to make the national failure stick to the president, through advertisements, lies, distortions, and exploitation of ignorance, racism, and class-ism.

It all appears to be working, right on schedule.
02:09 AM on 05/21/2012
That is exactly what they are doing, and I'm surprised most people don't recognize this. It is obvious that they care nothing about the American people - so we need to vote them out.
10:24 AM on 05/20/2012
We are suffocating under a mountain of debt is the way the argument goes. The solutions proffered are, raise taxes or austerity but we never hear about involving the holders of all this debt; the real other side of the equation. Debt forgiveness is what we should be talking about. If you hold inordinate amounts of cash, be you an individual or a nation it represents an imbalance and it should be recovered at some point.
10:21 AM on 05/20/2012
shut up thuglicans
photo
chuckgoodcat
retired / disabled
09:47 AM on 05/20/2012
We live with in a consumer driven economy . What the economy needs is more customers buying more goods creating more business opportunities that extend and expand the supply chain creating more jobs as it grows. Our economy doesn't recognize social issues , it recognizes money being spent . It does not grow and prosper when money is extracted and parked in offshore tax havens . It doesn't care who spends the money . It doesn't care wether jobs are private or public.
Austerity measures like laying off hundreds of thousands of public sector workers when the private sector can not or willl not absorb them into new jobs reduces the number of consumers that business requires. That means fewer business opportunities less profit more layoffs and most of all it creates fear that leads to money hoarding .
photo
myakkakat
Compromise is not a 4 Letter Word
09:50 AM on 05/20/2012
As a small business owner I couldn't agree with you more!
photo
chuckgoodcat
retired / disabled
11:31 AM on 05/20/2012
Good luck to you . I think romney will win and his austerity policies will hurt us all and his finacial deregulation policies will allow wall street to run wild and crash the markets again.
photo
HUFFPOST SUPER USER
Micheal Anderson
When the Rebels become the Tyrants
08:19 AM on 05/20/2012
In a recession, the only entity that can create jobs is the government. You can argue the cost of the jobs, the cost effectiveness, how long they will last, how 'good' they are, but you can't argue that government can create jobs whenever it wants to. Private industry won't create jobs until there is demand to be filled, there will be no new demand unless more people that jobs. It really is the most basic economics.
08:57 AM on 05/20/2012
Yes like Nancy Pelosi said for every dollar the government spends it turns into two dollars in the economy! That kind of basic economics.
So we spent 850 billion on stimulus, plus add in a total of about 500 billion on unemployment-thats quite a bit of cash--so your theory if correct is that now thee should be millions and millions of jobs because we created new demand by folks with government cash in their pocket. So what happened?
photo
HUFFPOST SUPER USER
Sagrimore
They can never take my panache
09:31 AM on 05/20/2012
According to the Federal Reserve, the net wealth U.S. households fell by about $16.4 trillion from its peak of $65.8 trillion in spring 2007 to a low of $49.4 trillion in the first quarter of 2009 (just as Obama was inaugurated).

Much of that loss was in the value of homes. But that's where middle class people keep much of their assets, unlike the One Percent who have most of their wealth in stocks and bonds.

Obama's stimulus, as Pro. Krugman pointed out before the fact, was too small. It was the equivalent of giving a patient in the emergency room with an arterial wound a SYRINGE full of blood. And you neglect to mention that one-third of the stimulus was tax cuts, and another one-third was direct aid to states intended to keep state and local employees working for a couple years until the economy recovered and state revenue rebounded.
09:33 AM on 05/20/2012
We were in a worldwide depression so the spending may terrible into bad. Sometimes you have to appreciate bad. But it's on its way up.

It didn't help that state governments started austerity measures, counteracting the stimulus and causing major public sector job losses, which have substantially contributed to unemployment.
photo
HUFFPOST SUPER USER
Dave Furry
Obamacare beats the heck out of I Don't Care
08:07 AM on 05/20/2012
Maybe we should encourage all of the austerity fans to go live in Greece!
photo
HUFFPOST SUPER USER
Siebenstein
> there is no endless growth
05:57 AM on 05/20/2012
It does not take much of an IQ to understand that if you are thirsty you need to drink and not just nip on a glass.

However, I want to see this discussion getting attached to the true initiators of this crisis----the banksters, and how they should have to contrinute mightigly to the recovery of this and other nations forced to by politicians like Obama.
llyd wlsh
chem, nuke, bio hazard
05:51 AM on 05/20/2012
they are manchurian candidates for the kochs of the world.....they do NOT care about the american people, only the 1%.....they are tr8ors........we've tried this before and it DOES NOT WORK......if you want to stimulate the economy you HAVE to put people to work, if the private sector won't then the gov't must

you are correct on all accounts, Mr. Krugman
This user has chosen to opt out of the Badges program
photo
12:12 AM on 05/20/2012
Krugman thinks a bigger gov debt will help the economy. All of the private sector economy will end up paying for this. Whether it's spending cuts or higher taxes, the private sector will have to pay for the gov. irresponsibility. And Krugman wants to make it worse!
Cinquopated
Your micro-bio is either half-empty or half-full
12:40 AM on 05/20/2012
How many times does Alan Greenspan et al have to be proved wrong? If you want the purest example of what can happen in the "let the bankers take everything" free-for-all known as laissez-fair economy - look at hwat happened in Iceland. More importantly, why do you want to throw a policy which has been proven wrong again and again at a problem like the US?
GOP policies have a track record of concentrating power in the rich and making the poor poorer... unless of course that is thier goal
photo
K August
Research Alec Exposed
12:57 AM on 05/20/2012
Dr. Krugam won a Nobel Prize in Economics.......and what do you have?
09:02 AM on 05/20/2012
A really embarassing Nobel Prize--kind of like the Nobel Prize given to Obama for nothing one day in office. Although Pauls little thesis was a nice little masters project, but not a prize.
photo
HUFFPOST SUPER USER
mudshark12
Now who are you jiving with that cosmik debris?
12:01 AM on 05/20/2012
Paul Krugman is onto something here with this idea. They have been profusely obstreperous lately and have demonstrated a desire to throw the American populace under the bus time and time again.
photo
K August
Research Alec Exposed
01:00 AM on 05/20/2012
He's been talking about what will happen when you push Austerity for a long time now and now he's been proven right.....
Look at Europe.....at least 7 countries are now in a recession because of austerity cuts and no investment (government stimulus).
Unemployment is up instead of going down......and growth is well under 1%.
photo
HUFFPOST SUPER USER
mudshark12
Now who are you jiving with that cosmik debris?
11:57 AM on 05/20/2012
Austerity is for idiots. The GOPee believes in helping their rich friends only. This is because their rich friends provide campaign contributions. It like "you suck my Koch and I'll suck yours".