This is old news, but I figured it was worth bringing up again since we all could probably use a laugh at this point. There's a story from 2013 of how Paul Krugman got behind in his bills and spending his way out of trouble didn't work. And thus Keynesian economics were thoroughly debunked for once and all.
Except the original news report was a parody.
...The filing says that Krugman got into credit card trouble in 2004 after racking up $84,000 in a single month on his American Express black card in pursuit of rare Portuguese wines and 19th century English cloth
Rather than tighten his belt and pay the sums back, the pseudo-Keynesian economist decided to "stimulate" his way to a personal recovery by investing in expenses he hoped would one day boost his income.
But wait - it got better.
Breitbart.com apparently took it as real. They took the story down once they found out they'd been suckered, but a screen shot at the link shows their gleefully self-righteous initial reaction.
Krugman himself had some fun with the story.
On Friday I started hearing from friends about a fake story making the rounds about my allegedly filing for personal bankruptcy; I even got asked about the story by a reporter from Russian television, who was very embarrassed when I told him it was fake. But I decided not to post anything about it; instead, I wanted to wait and see which right-wing media outlets would fall for the hoax.
And Breitbart.com came through!
I figure now is a good time to run this again as a reminder that the right-wing is not invincible; they can be fooled even as they spend their time trying to fool everyone else. It shows how strong their will to believe what they want to believe is, too.