"Seriously, that was an awesome speech."

Lest anyone think that Paul Krugman is anything more than a political operative, read his blog post on Bill Clinton's speech at the Democratic National Convention. Krugman writes:

Seriously, that was an awesome speech. Clinton isn’t just an amazing political talent; he has the ability to make wonkery accessible and compelling. Of course, he had one major advantage over the supposed wonks on the other side (still shaking my head over the Ryan implosion), namely, the well-known liberal bias of the facts.

 Whatever. Actually, if Bill Clinton is right and there are three millions jobs going begging in this country because of mismatches with appropriate workers, I'd say that was a problem. No, that is not the main cause of high unemployment, but it is just one more nail in the coffin of the U.S. economy.

By the way, Peter Schiff has done a great job of exposing the mentality of some delegates to the DNC with this video on a call to ban all corporate profits. To be honest, I doubt there is one delegate at that convention who could adequately explain why profits AND losses are important in a free-market system. But, then, I doubt Krugman could explain, either.