Obama’s “tax cut” plan? Well, instead of actually cutting taxes, his plan actually makes people more dependent on the government, not less.
Show of hands out there how many people this news surprises? I didn’t think so.
In semi-related news, further proving that the Nobel prize is completely worthless, the we learn this morning (via Memeo) that NYT columnist Paul Krugman has won the Nobel Prize for Economics. Krugman Truth Squad founder Donald Luskin quips:
The Nobel Prize is never posthumous — it is only awarded to living persons. So some great minds such as John Maynard Keynes and Fischer Black never received the prize in Economics. All that has changed. With today’s award to Paul Krugman, the Nobel as gone to an economist who died a decade ago. The person alive to receive the award is merely a public intellectual, a person operating in the same domain as Oprah Winfrey. And even as a public intellectual, the prize is inappropriate, because never before has a scientist operating in the capacity of a public intellectual so abused and debased the science he purports to represent. Krugman’s New York Times column drawing on economics is the equivalent of 2006’s Nobelists in Physics, astromers Mather and Smoot, doing a column on astrology — and then, in that column, telling lies about astronomy.