Paul Krugman: Fake Alien Invasion Would End Economic Slump (VIDEO)

[The Northerner]

Paul Krugman is so frustrated by the lack of support for another round of stimulus spending that he's now calling for a fake alien invasion of the United States to spur a World War II-style defense buildup.

Krugman was a guest on CNN's "Fareed Zakaria GPS" on Sunday. Speaking with Zakaria and Harvard economist Ken Rogoff, he made the same case he has been making for years--that deficits are not the top economic concern of the day. Krugman noted that the effort of World War II helped end the Great Depression, and joked that something similar was needed today.

"If we discovered that, you know, space aliens were planning to attack and we needed a massive buildup to counter the space alien threat and really inflation and budget deficits took secondary place to that, this slump would be over in 18 months," he said. "And then if we discovered, oops, we made a mistake, there aren't any aliens, we'd be better--"

"We need Orson Welles, is what you're saying," Rogoff cut in.

Read more: http://www.huffingtonpost.com/2011/08/15/paul-krugman-fake-alien-invasion_n_926995.html


Doesn't property destruction yield no financial benefits? If that were the case then wouldn't destroying and repairing properties in Iraq have been economically beneficial?

His proposal seems similar to the broken window fallacy.

[anarch]

1. an actual alien invasion could go either way

depending on the aliens' agenda....

[Octafish]

2. It's an idea, at that.

Keynesian economics and responsible fiscal spending, plus the alien thing...



“"Today Americans would be outraged if U.N. troops entered Los Angeles to restore order; tomorrow they will be grateful! This is especially true if they were told there was an outside threat from beyond whether real or promulgated, that threatened our very existence. It is then that all peoples of the world will pledge with world leaders to deliver them from this evil. The one thing every man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well being granted to them by their world government." -- Henry Kissinger

[LLStarks]

3. So, an interstellar false-flag? nt