Naturalized-Texan
02-24-2006, 02:08 PM
The Abramoff Math Scandal (http://www.nationalreview.com/nrof_luskin/luskin200602240930.asp)
Krugman and the American Prospect claim that an increase in shady donations to Democrats of 115 percent is a 9 percent drop!
Try to imagine this scene taking place in the ivied halls of Princeton University. Economics professor Paul Krugman — who happens also to be America’s looniest liberal pundit — has decided it’s time to ask for a raise. So he marches into the office of Princeton president Shirley M. Tilghman and makes his demand.
“I was hired in September, 2000,” Krugman says. “I’ve been making $250,000 a year for six years. It’s time for a raise."
Tilghman says, “Okay, let’s make it $300,000 a year. And a reserved parking place for your very old Volvo, too.”
“What?” Krugman screams. “I asked for a raise and you gave me an 80 percent pay cut! And by the way, I ride my bike to school whenever I can.”
“But Dr. Krugman,” Tilghman ventures timidly. “Isn’t $300,000 a 20 percent raise from $250,000?”
“I’m an economics professor,” Krugman shoots back. “So let me straighten you out. $250,000 for six years is $1.5 million. And the $300,000 you are offering me is 80 percent less than that! You call that a raise?”
“Surely, professor,” Tilghman says, scarcely believing what she’s hearing, “you can’t compare all six years of your prior earnings to just the one year that I’m talking about.”
But Krugman can. In fact he’s done it before — and more than once.
................
If we look at contributions per year — which is the fair, apples-versus-apples way to look at this, just as it would be the fair way to look at Krugman’s salary — we see that the average contribution of Abramoff’s seven clients to Democrats rose from $11,908 per year to $25,691 per year — an increase of 115 percent.
{More Krugman lies at the link above.}
Krugman and the American Prospect claim that an increase in shady donations to Democrats of 115 percent is a 9 percent drop!
Try to imagine this scene taking place in the ivied halls of Princeton University. Economics professor Paul Krugman — who happens also to be America’s looniest liberal pundit — has decided it’s time to ask for a raise. So he marches into the office of Princeton president Shirley M. Tilghman and makes his demand.
“I was hired in September, 2000,” Krugman says. “I’ve been making $250,000 a year for six years. It’s time for a raise."
Tilghman says, “Okay, let’s make it $300,000 a year. And a reserved parking place for your very old Volvo, too.”
“What?” Krugman screams. “I asked for a raise and you gave me an 80 percent pay cut! And by the way, I ride my bike to school whenever I can.”
“But Dr. Krugman,” Tilghman ventures timidly. “Isn’t $300,000 a 20 percent raise from $250,000?”
“I’m an economics professor,” Krugman shoots back. “So let me straighten you out. $250,000 for six years is $1.5 million. And the $300,000 you are offering me is 80 percent less than that! You call that a raise?”
“Surely, professor,” Tilghman says, scarcely believing what she’s hearing, “you can’t compare all six years of your prior earnings to just the one year that I’m talking about.”
But Krugman can. In fact he’s done it before — and more than once.
................
If we look at contributions per year — which is the fair, apples-versus-apples way to look at this, just as it would be the fair way to look at Krugman’s salary — we see that the average contribution of Abramoff’s seven clients to Democrats rose from $11,908 per year to $25,691 per year — an increase of 115 percent.
{More Krugman lies at the link above.}