Columnist Paul Krugman has become so hyper-partisan that he can't even keep his own opinions straight any more. James Taranto takes him to task, and it's actually pretty funny; it's very rare to see anyone put their foot in their mouth so deep. I'll try to spell it out a little more simply below.
In a column about the vote to extend unemployment benefits, it doesn't take long for Krugman to lay in to the partisan sniping right away:
Today, Democrats and Republicans live in different universes, both intellectually and morally... What Democrats believe is what textbook economics says...
He then criticises Sen. Jon Kyl, Republican-Arizona, for opposing extensions:
Jon Kyl of Arizona... [said] unemployment relief “doesn’t create new jobs. In fact, if anything, continuing to pay people unemployment compensation is a disincentive for them to seek new work.”...To me, that’s a bizarre point of view — but then, I don’t live in Mr. Kyl’s universe.
So what does "textbook economics" say? It would seem to me that putting people on unemployment benefits even longer tends to encourage them to remain unemployed even longer (Incidentally, unlike Krugman, I have collected unemployment compensation myself in the past, and I know how some people game the system). But let's actually look at an economic text:
Public policy designed to help workers who lose their jobs can lead to structural unemployment as an unintended side effect. . . . In other countries, particularly in Europe, benefits are more generous and last longer. The drawback to this generosity is that it reduces a worker's incentive to quickly find a new job.
As Taranto points out, that particular textbook,
Macroeconomics, was authored by none other than Paul Krugman and his wife, Robin Wells!
It may or may not be a good idea to extend unemployment relief right now, but it's impossible to take "economists" like Krugman seriously on this issue when he just gives us his own axe to grind and doesn't even follow the most basic economics anymore.
Edit: Apparently Taranto's column upset Krugman enough that he provided a
response. He's attempting to smokescreen his flip-flop by claiming that the rules are different because we're in a different situation right now.
But here's the problem with that. He didn't say that Sen Kyl was wrong in this instance. He said he was so wrong that he wasn't even in the same universe. Literal quote:
I don’t live in Mr. Kyl’s universe.
I take that to mean (as I believe any rational person would) that Kyl was completely wrong, so wildly off course, he simply could not be correct under any circumstances whatsoever. So nice try, Krugman.
You know, he could have just apologized - but naaaw, that would be too simple for him.
2nd Edit:If you want to dig into this issue further,
Justoneminute points out how Krugman also grossly misrepresented Jon Kyl to begin with. Not a pretty sight.
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