Paul Krugman: Invasion By Space Aliens Would Bolster The Economy

On CNN’s GPS:

Paul Krugman: If we discovered that 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. And then if we discovered, oops, we made a mistake, there aren’t any aliens, we’d be better –

Ken Rogoff: And we need Orson Welles, is what you’re saying.

Paul Krugman: No, there was a Twilight Zone episode like this in which scientists fake an alien threat in order to achieve world peace. Well, this time…we need it in order to get some fiscal stimulus.

By: Alan

Alan Colmes is the publisher of Liberaland.