A parodied Paul Krugman Google+ account released this little gem late on Tuesday evening:
People on twitter might be joking, but in all seriousness, we would see a bigger boost in spending and hence economic growth if the earthquake had done more damage.
An already trending topic on Twitter, #KrugmanStimulus exploded with even more ridiculous 140-character economic solutions.* Below is a list of favorites that I encountered, in no particular order… except for number 10. I think that’s my all-time favorite.
*These are tongue-in-cheek, and are meant in no way to understate how serious both natural and human-caused disasters are.
Luckily, as students for liberty, we understand that this is a modern-day broken window fallacy. Check out the collection of Bastiat’s essays that SFL published last year- The Economics of Freedom: What Your Professors Won’t Tell You.
See any other funny #KrugmanStimulus tweets out there? Post them in the comments section!