I normally don’t pay attention to political hacks like Paul Krugman but his latest column is proof that he’s stopped caring about being intellectually honest. Instead, he seems to prefer being the political cover for the Insane Left’s economic agenda. Here’s what he said that’s utterly ridiculous:

Mr. Ryan has become the Republican Party’s poster child for new ideas thanks to his “Roadmap for America’s Future,” a plan for a major overhaul of federal spending and taxes. News media coverage has been overwhelmingly favorable; on Monday, The Washington Post put a glowing profile of Mr. Ryan on its front page, portraying him as the G.O.P.’s fiscal conscience. He’s often described with phrases like “intellectually audacious.”

But it’s the audacity of dopes. Mr. Ryan isn’t offering fresh food for thought; he’s serving up leftovers from the 1990s, drenched in flimflam sauce.

Mr. Ryan’s plan calls for steep cuts in both spending and taxes. He’d have you believe that the combined effect would be much lower budget deficits, and, according to that Washington Post report, he speaks about deficits “in apocalyptic terms.” And The Post also tells us that his plan would, indeed, sharply reduce the flow of red ink: “The Congressional Budget Office has estimated that Rep. Paul Ryan’s plan would cut the budget deficit in half by 2020.”

But the budget office has done no such thing. At Mr. Ryan’s request, it produced an estimate of the budget effects of his proposed spending cuts — period. It didn’t address the revenue losses from his tax cuts.

The nonpartisan Tax Policy Center has, however, stepped into the breach. Its numbers indicate that the Ryan plan would reduce revenue by almost $4 trillion over the next decade. If you add these revenue losses to the numbers The Post cites, you get a much larger deficit in 2020, roughly $1.3 trillion.

First things first. The last I looked, the 1990s, which Krugman now writes derisively about, was a time when John Kasich and Bill Clinton cut spending, cut taxes and grew surpluses.

That’s the model that Paul Ryan is following with a notable exception. Paul Ryan actually wants to deal with entitlement spending, which should be viewed in apocalyptic terms.

Unfortunately, in Krugman’s rose-colored world, the failed stimulus wasn’t big enough.

Let’s look at Krugman’s perspective from a different angle. What Mr. Krugman is arguing is that giving capitalists an incentive to put their capital at risk and that cutting spending to rational levels will produce the same deficits as President Obama’s plan.

This isn’t just an insult to our intelligence, it’s an insight into the mind of an elitist. Mr. Krugman thinks that he can say anything and have people believe him. When Mr. Krugman stopped caring about economic accuracy and became interested in being the Insane Left’s political hack on all things economic, he lost his credibility.

The shameful thing is that he hasn’t figured out that he isn’t credible anymore, that people are ridiculing him instead. It’s a shame because he used to be a credible economist at one time.

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Cross-posted at California Conservative

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