Krugman and Bernanke are walking down the street and see a pile of dog shit. Bernanke says “I’ll give you twenty thousand dollars to eat that pile of shit.” Krugman does it, gets paid, and they keep walking. After a while they see another pile of shit on the road. Seeing an opportunity for revenge, Krugman says “Tell you what, I’ll give YOU twenty grand to eat that pile of shit.” Bernanke does it, Krugman gives him back the money, and they keep walking. After a while Bernanke says “I’m feeling pretty sick. We both ate shit and neither of us is any richer.” Krugman answers “You’re missing the bigger picture. We’ve increased GDP by forty thousand dollars and created two jobs.”
Shamelessly stolen from Samizdata.
Bernanke And Krugman
- Darrell
- Posts: 6586
- Joined: Mon Aug 18, 2008 11:12 pm
Bernanke And Krugman
Eppur si muove--Galileo
-
- Posts: 1576
- Joined: Wed Aug 20, 2008 4:07 am
Re: Bernanke And Krugman
Aaand, they both probably incurred an income tax liability and a bigger writeoff, the bastards.
I'm not old--It's too early to be this late.