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Alien Invasion Saves the Economy

Updated on October 7, 2011

Alien Invasion

August

When economist Paul Krugman was interviewed in August, he said that an alien invasion could save the economy.

His argument was that WW11 brought the United States out of a depression. He said that if Government spending was given a boost by allowing extra spending and the Fed encouraged expansion, inflation would follow, thereby taking the United States out of its depression.

Possibly the only thing that would allow for these conditions, would be an alien invasion. That would put Government spending and fiscal controls onto a back burner, with all eyes watching the skies instead of the financial pages. Productivity rates would increase as people worked harder in order to try and save the World.

I do not know if Krugman said this as some kind of joke or was putting forward a true economic theory.

War of the Worlds

Thought

Whether serious or not, Krugman certainly caused some people to pause and think.

Would anybody actually conjure up a fake threat of an alien invasion, just to help the economy?

To some it brought back memories of Orson Wells and “War of the Worlds”. In that instance, an alien invasion had been thought as a way of unifying the world, not just an economic ploy.

Is it a co-incidence that less than a week after Krugman’s statement, this year’s largest mass sightings of UFOs happened in Arizona and California?

Believable?

Mystery
Mystery
Economics
Economics

Trust

In these times of economic strife, is it possible that some people would consider claiming an alien threat just to meet their financial goals?

It would appear that whether or not they would is less important than whether the masses believe they would. People are rapidly losing all trust in the financial systems and economic heavyweights. Many now believe that these institutions would stop at nothing to ease their pain, even perhaps creating an invasion hoax.

UFOs and aliens have always been a mystery. Now it would seem that economics and economists are proving equally mysterious but are they less believable?

Our only saving grace is perhaps that although a fake alien invasion may boost the economy, no one has yet been able to come up with a solution to the crises that would evolve when no invasion actually followed.

However, the real danger is that if someone was to report a true imminent threat, would they now be believed or would people just consider it another economist’s trick?

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    • carcro profile image

      Paul Cronin 

      6 years ago from Winnipeg

      Its very scary what is happening to our modern world of today, the world economy is so tied together, and everywhere you look countries are over burdened with Debt, maybe that Alien Invasion is a good idea, ake us all band together for a comon cause, put differences aside and save the planet!

    • Cloverleaf profile image

      Cloverleaf 

      6 years ago from Calgary, AB, Canada

      Bring it on! Something needs to change, so why not an alien invasion. I liked your perspective.

      Cloverleaf.

    • profile image

      markbennis 

      6 years ago

      Interesting theory and always a possiblity.

    • profile image

      diogenes 

      6 years ago

      Hi: They don't come from Mars, but there is an invasion of little brown folk constantly throwing themselves against the wall in Southern California, etc. Doing the scutt work; taking the lowest wages and doing it all with a smile. They are the Mexican peasant class and they are the foundation allowing those of lofty mind to concentrate on the real woes, such as the thieving wank...er, bankers...Bob

    • PETER LUMETTA profile image

      PETER LUMETTA 

      6 years ago from KENAI, ALAKSA

      rafken, your right in todays world it would be hard to believe in anything unless the aliens started zapping the White House on live TV, maybe then they might believe, maybe. More than likely the Evangelicals would call that the Rapture and submit. I think we would need Klatu and Gort to make an impession. Thanks for the view,

      Peter

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