Now that doesn’t necessarily mean that Obama is as ignorant and stupid as Krugman, Jimmy Carter and Owl Gore, but I’d place him closer to that group of losers than any other. Here’s Krugman on how Fannie Mae never issued sub-prime mortgages. Not only was he entirely, impossibly wrong, he continues to make the same mistake. He also lauds English medical care, if you’re interested.
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Economists tend to be dimwits, Nobel or not
Not adept enough at math/quant logic to have trained as engineers and become billionaire tech co. founders
Yet don’t understand economies or capital mkts well enough to have become billionaire hedgies
Krugman is a regular and unapologetic defender of liberal and Democratic positions. As an economist, he is totally biased. Now we are learning how biased the Nobel committee is. Beware of opinions from either.