How many times do you have to be right?

[Jakes Progress]

Krugman on "the experts". http://www.nytimes.com/2012/07/27/opinion/money-for-nothing.html

You don’t even have to make a Keynesian argument about jobs to see that. All you have to do is note that when money is cheap, that’s a good time to invest. And both education and infrastructure are investments in America’s future; we’ll eventually pay a large and completely gratuitous price for the way they’re being savaged.

That said, you should be a Keynesian, too. The experience of the past few years — above all, the spectacular failure of austerity policies in Europe — has been a dramatic demonstration of Keynes’s basic point: slashing spending in a depressed economy depresses that economy further.

So it’s time to stop paying attention to the alleged wise men who hijacked our policy discussion and made the deficit the center of conversation. They’ve been wrong about everything — and these days even the financial markets are telling us that we should be focused on jobs and growth.

Now tell me again why Paul Krugman isn't welcomed to the White House at least once a week to tell the president what he needs to know about how the economy works and what to do with his "expert" in the treasury department.

[phantom power]

1. it's not what you know, it's who you know...

actually, these days its not what you know, or who you know, it's who you've bought.

[marsis]

2. Maybe for the right price

he could buy his way in.

[Jakes Progress]

3. It does look like access is a commodity.

Democrats. republicans. Both for sell.

I just don't think the boys with the big money want Obama listening to someone who knows what is going on. Better to keep him hemmed in with his bankster cabinet.