KRUGMAN: "Obama Has to Say Government by Blackmail Not Acceptable Way to Run the Country"

[kpete]

KRUGMAN: Well, I mean, it's a game of chicken. And I actually think if Obama's re-elected, I think that there's a quite good chance that for a month or two we actually will go off the cliff, which doesn't do that much harm. It's brief, because I think Obama if he is re-elected, he has to say government by blackmail, it's not an acceptable way to run this country. And so, I'm going to call you guys bluff and let the people who are paying for your campaigns come running and demanding that you make a compromise with me. So I actually -- I would put, you know, pretty substantial odds that we will in fact, at least temporarily, see those rates go up. And then -- then it's a different game.

plus video:
http://videocafe.crooksandliars.com/heather/krugman-obama-has-say-government-blackmail

[Firebrand Gary]

1. + 1000

[freshwest]

2. He did make a statement akin to extortion or blackmailing in 2010. But it wasn't covered much.

[abelenkpe]

3. K&R nt

[uponit7771]

4. Krugman was right about the size of the stimulus 3 years ago and he's right on this too...

...there's little way the Obama admin can deny it; the GOP has kept the country from growing like it should.

It'll be hard to make this case AFTER a loss and it's way easier to make the case right now while they're holding the gun to the DNC's head.

Krugman said 3 yrs ago to make the stimulus as big as possible and then when the GOP turns it down scream bloody murder that they're holding the economy back and continue to make that case if nothing works and if the economy rebounds strong take all the credit...