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eridani

(51,907 posts)
Wed Aug 6, 2014, 04:49 AM Aug 2014

Krugman: Con Men Aren’t Stupid

http://krugman.blogs.nytimes.com/2014/08/03/con-men-arent-stupid/?_php=true&_type=blogs&_r=0

Brad DeLong finds Larry Kotlikoff fulminating about how mean I am — so mean that he apparently could’t bring himself to read what I wrote. No, I didn’t say that Paul Ryan is stupid. I did imply — and have said explicitly on many other occasions — that he is a con man. Why did I do that?

Not as a way to avoid having a substantive discussion. I’ve documented Ryan’s many cons very extensively, showing in particular that his budgets were sold on false pretenses — all the alleged fiscal responsibility lay not in the much-hyped changes to Medicare, but in magic asterisks claiming huge but unspecified savings from discretionary spending and huge but unspecified revenue gains from closing loopholes he refused to name.

Still, why not pretend that we’re having a nice, honest discussion? Because I’m trying to inform readers about what’s going on — and the attempt to sell right-wing goals under false pretenses is an important part of the story. If you fell for the carefully crafted image of Ryan as an honest wonk, you were being taken
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Krugman: Con Men Aren’t Stupid (Original Post) eridani Aug 2014 OP
Good for you, Paul, keep up the good work. Uncle Joe Aug 2014 #1
K&R. JDPriestly Aug 2014 #2
C'mpn, didn't he run a mile in under 3 minutes- the mark of an honest man? nt griloco Aug 2014 #3
No, no, noooooo truebluegreen Aug 2014 #4
Obviously, you misheard me griloco Aug 2014 #5
It kind of depends on who you are trying to con. hifiguy Aug 2014 #6
How many cons must a person engage in hfojvt Aug 2014 #7
 

truebluegreen

(9,033 posts)
4. No, no, noooooo
Wed Aug 6, 2014, 07:39 AM
Aug 2014

it was a marathon in under 3 hours! Or not--actual time was over 4.

Itty bitty mistake

griloco

(832 posts)
5. Obviously, you misheard me
Wed Aug 6, 2014, 09:00 AM
Aug 2014

Nobody can run a mile under 3 minutes. That's insane. I said i ran a 32.2822 second forty. Obama lied about that, too. Did i mention Benghazi?

 

hifiguy

(33,688 posts)
6. It kind of depends on who you are trying to con.
Wed Aug 6, 2014, 01:38 PM
Aug 2014

If you are, say, a Bernie Madoff, you have to be pretty smart to snooker sophisticated rich people. If you're a Goldman Sachs you have to be very clever to steal countless billions of dollars and succeed in doing so. Conversely, the huge population of teatalitarians and their ilk can be slickered by someone with the intelligence of a tree fern (Princess Dumbass of the Northwoods comes to mind), because the target audience is even dumber. A thought that boggles the mind.

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