Sunday, May 14, 2017

Paul Krugman



 
September 18 2013

Recent letters about Paul Krugman have been published in the AJC complaining that he is out of touch with reality. 

Thank goodness the AJC includes this thinking economist in it's opinion page line up.  Paul Krugman  is a rarity. An economist with a conscience. He points out the inanities of the right wing which have exacerbated  this deep recession with their obstructionist tactics. He clearly illustrates  with real data and commentary the negative  impact the right has caused by blindly following  flawed financial philosophy.  And he cares about America and all citizens as opposed to those who only focus on the rich, whose welfare needs no protection. He continually reminds the rich elite  that their fortunes are generated by exploiting the majority of poorer people in this huge American market.  

Had we listened to  Krugman's suggestions in earlier years our economy would be far more robust and productive. Millions more would be earning a decent wage and the standard of living for all  people in America would have improved. Instead we have suffered because of those vocal conservatives who have held the country at ransom with their blind faith  in tactics that have been  proven wrong over the last century.

 We will continue to live in this lackluster economy until we learn to listen to real economists like Krugman. The Europeans are waking up to their austerity mistakes, time for America to waken up also and look at the real enemy within.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.