Paul Krugman Will Claim Hurricane Sandy a Great Economic Stimulus. From his Krazy Keynesian mindset, as long as the the amount of damage done to New York and et-al is great enough to cause significant rebuilding without effecting the capability to rebuild, the economy will be much better for the destruction.
Basically, this Krazy Keynesian belief is the equivalent to believing that hiring teenagers to break windows around town is a great economic stimulus to society in general; provided of course that the teenagers don't break the windows at the window factory. On an individual level, its the equivalent of rationalizing littering as a modality to create street sweeper jobs.
So instead of crying over the hurricane damage to your purse, bask in the warmth that all of these destroyed taxis might just give a GM a chance to force Chevy Volts on the Taxi Czars and you as a patron.
Marley and Me - This dog needed a prong collar. That pretty much sums up the whole book. "Marley and Me", by John Grogan, is not exactly a book of profound revelation, i...
7 years ago