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Sunday: Krugman fails to cheerlead. Becomes just another Limbaugh

Paul Krugman

His eyes are so dreamy!

His eyes are so dreamy!

{{sigh, shaking head}}

What are we going to do with you, Paul?  Did you forget your Prozac, buddy?  You are being relentlessly negative.  Shouldn’t you be out there pushing for the country to embrace and promote the Obama economic stimulus plan?  Where’s your patriotism?  Your sense of hope and optimism?  Your insistence on a reality based understanding of macroeconomics and concern for the “general welfare” mentioned in the preamble is really harshing the Hopium mellow:

According to the CBO’s estimates, we’re facing an output shortfall of almost 14% of GDP over the next two years, or around $2 trillion. Others, such as Goldman Sachs, are even more pessimistic. So the original $800 billion plan was too small, especially because a substantial share consisted of tax cuts that probably would have added little to demand. The plan should have been at least 50% larger.

Now the centrists have shaved off $86 billion in spending — much of it among the most effective and most needed parts of the plan. In particular, aid to state governments, which are in desperate straits, is both fast — because it prevents spending cuts rather than having to start up new projects — and effective, because it would in fact be spent; plus state and local governments are cutting back on essentials, so the social value of this spending would be high. But in the name of mighty centrism, $40 billion of that aid has been cut out.

My first cut says that the changes to the Senate bill will ensure that we have at least 600,000 fewer Americans employed over the next two years.

The real question now is whether Obama will be able to come back for more once it’s clear that the plan is way inadequate. My guess is no. This is really, really bad.

What a downer.  No one’s going to want to hang out with you, Paul.  You are going to ruin *everything* for Obama.  Why are you getting on his case before he’s even done anything?  He’s just learning how to do this stuff.  It’s soooo unfaaaaiiiir!

His eyes are so piggy!

His eyes are so piggy!

Jeez, Paul, I never thought I would see the day when a liberal such as yourself would channel Rush Limbaugh. Clearly, you are becoming just like him.  You want to undermine Obama. You *want* to see him fail.  You can’t wait til he crashes and burns and you will laugh all the way from your cushy desk in Princeton reveling in his ignominious demise that YOU helped engineer.

Or maybe you’re not like Rush at all.  Maybe you are like those racist, closeted Republican, old, uneducated, working class, sino-Peruvian lesbians here at The Confluence.  The Axelrovian moles are out in force in different blog comment threads accusing we “shrieking bands of paranoid holdouts” of sedition.  But I have prepared a handy chart for those visitors looking for a rage fix.  Here is the difference between Rush Limbaugh and Conflucians:

Rush Limbaugh

Conflucians

Big, Fat Idiot

Scientists, health care professionals,
economists, attornies, academics, students, marketing/ad specialists, IT
nazis
, body coaches, opera singers, psychologists, DJs, librarians and freelance morticians

Lying liar

Not really into character assassination and rumormongering. We passed on the birth certificate
and Larry Sinclair gay sex stuff.

Tool of the right wing uber rich

Just a bunch of liberlal blogger types, defending our right of self-determination and freedom of speech

Bombastic, mean-spirited, misogynistic gasbag

Ruthlessly snarky

Paid millions of dollars to pollute the airwaves and clog up the intertoobz

We do this for free! Although, we are
considering other options as long as they don’t infringe on our ability to
call it like we see it

Promotes
the agenda of the neo-feudalists

Firmly in the pocket of the working class American schlub

(and by working class, we mean everyone not making millions of dollars in
bonuses each year)

Which are you, Paul? Are you going to be a morbid crepe hanger, pointing out every inadequacy of the economic stimulus plan just because tens of millions of middle class Americans are about to experience real poverty for the first time in their lives or are you going to jump aboard the Obama Love Train and put your niggling, Nobel prize winning doubts to rest? You wouldn’t want to be the target of a Axelrodian generated discrediting campaign of vicious lies and innuendos would you? That would mean you can’t sit at the popular table anymore. You’d have to hang with the Conflucians and the {{gasp!}}, PUMAs!

It’s up to you, Paul. Don’t say we didn’t warn you.

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