Being a conservative means never having to say “I’m a dumbass”
October 13th, 2008 |John Hinderaker, August 8 2005:
It must be depressing to be Paul Krugman. No matter how well the economy performs, Krugman’s bitter vendetta against the Bush administration requires him to hunt for the black lining in a sky full of silvery clouds. With the economy now booming, what can Krugman possibly have to complain about? In today’s column, titled That Hissing Sound, Krugman says there is a housing bubble, and it’s about to burst.
Krugman, of course, just won a Nobel Prize in economics and accurately predicted the very housing bubble that Hinderaker dismissed 3 years ago.
Hinderaker, and the rest of his Power Line blog ilk, remains a dumbass.
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