"Lots of people think it’s a good idea," Krugman said. "But it’s not just, ‘Oh, those idiots’" VIDEO
Economist and New York Times columnist Paul Krugman slammed Jon Stewart for his segment on the platinum coin, saying that “Obviously neither he nor his staff did even five minutes of looking at the financial blogs.”
In an ABC News Web exclusive, Krugman said: “It is a funny thing. But you want to be funny from a point of view of understanding what the issues are. There’s a reason we’ve gotten to this place.” He added: “Obviously neither he nor his staff did even five minutes of looking at the financial blogs which have been talking about this. Lots of people think it’s a bad idea. Lots of people think it’s a good idea. But it’s not just, ‘Oh, those idiots.’”
Krugman was answering a question about a recent blog post where he called Jon Stewart “lazy” for mocking the coin idea. “In this case, however, it’s obvious that nobody at TDS spent even a few minutes researching the topic. It was just yuk-yuk-yuk they’re talking about a trillion-dollar con hahaha,” Krugman wrote. “Hey, if we want this kind of intellectual laziness, we can just tune in to Fox.”
In the segment in question, from Thursday, Stewart says: “I’m not an economist, but if we’re just going to make shit up, I’d say go big or go home. How about a $20 trillion coin?”
Jillian Rayfield is an Assistant News Editor for Salon, focusing on politics. Follow her on Twitter at @jillrayfield or email her at email@example.com. More Jillian Rayfield.
More Related Stories
- Stop cutting the Weather Service already!
- Limbaugh: No one willing to impeach the first black president
- Top White House aides knew about IRS probe but didn't tell Obama
- Gohmert: IRS would've "probably shot the Boston Tea Party participants"
- Oregon senator proposes appeal to Monsanto Protection Act
- Supreme Court to rule on prayer at government meetings
- Beltway scandal machine breaks, knows nothing about America
- Top GOP official: "Sometimes our party does not value" women "as much"
- Colorado Dems fight back against GOP's Voter ID measures
- Watchdogs: ABC "in danger of losing a lot of credibility" on Benghazi saga
- Father of gay high school student arrested for dating classmate speaks out
- IRS meltdown was long overdue
- Can a liberal wonk save the Senate?
- Arkansas treasurer charged with extortion
- Corporate greed is poisoning America -- literally
- The new geography of poverty
- Barack Obama: Incidental black man?
- Obama to all-male university graduates: Be the best husband to "your boyfriend or partner"
- Big Soda SNAP-ing up billions off government programs
- The truth in Kanye's anti-prison rap
- Tea Party Patriots push nationwide anti-IRS rallies
Featured Slide Shows
The week in 10 picsclose X
- 1 of 11
Credit: AP/LM Otero
Credit: AP/Matt Rourke
Credit: AP/Jenny Aicher
Credit: AP/Molly Riley
Credit: AP/J. Scott Applewhite
Credit: AP/Carolyn Kaster
Credit: AP/Las Vegas Review-Journal/Jeff Scheid
Credit: AP/NASA/Chris Hadfield
Credit: AP/Jacquelyn Martin
Credit: AP/The Duluth News-Tribune/Clint Austin
Recent Slide Shows
- 1 of 11