Every Watchmen fan remembers the plot of Adrian Veidt a.k.a. Ozymandias: Save the world from the imminent threat of nuclear war by creating the even bigger threat of an alien invasion, and forcing the people of the world to unite against a greater enemy. Yesterday, Nobel Prize-winning economist Paul Krugman sounded very similar to a modern-day Ozymandias during his appearance on CNN's Fareed Zakaria GPS show, where he suggested that a fake alien invasion -- and the government spending it would create -- would fix the economic slump within 18 months.
Think about World War II -- that was actually negative social product spending and yet it brought us out... If we discovered that space aliens were planning to attack and we needed a massive build-up to counter the space alien threat, and inflation and budget deficits took secondary place to that, this slump would be over in 18 months. And then if we discovered, "whoops, we made a mistake," we'd [still] be better... 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 to get some fiscal stimulus.
Economist Paul Krugman Endorses 'Watchmen' Alien Invasion Plan for Fiscal Recovery - ComicsAlliance | Comic book culture, news, humor, commentary, and reviews