tag:blogger.com,1999:blog-6276561747841568697.post1116175161519660360..comments2024-03-27T05:23:48.855-04:00Comments on Krugman-in-Wonderland: Washington, D.C.: The REAL OligarchyWilliam L. Andersonhttp://www.blogger.com/profile/01802990642236807359noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6276561747841568697.post-54366866615197055382011-11-05T08:01:07.846-04:002011-11-05T08:01:07.846-04:00The Krugman Keynesian Klan believes that DC encaps...The Krugman Keynesian Klan believes that DC encapsulates the necessary intelligentsia to successfully plan our economy. It's only "fair" they be provided with the highest income and live under the best conditions for their efforts.<br /><br />In other words, some animals are more equal than others.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-11837469263077118822011-11-04T19:25:23.200-04:002011-11-04T19:25:23.200-04:00Oops, I meant "not exacerbated by the state.&...Oops, I meant "not exacerbated by the state."Petenoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-13387833260709702642011-11-04T15:45:57.750-04:002011-11-04T15:45:57.750-04:00It is amazing how people, even pseudo-Nobel winner...It is amazing how people, even pseudo-Nobel winners, actually believe that inequality in the US is exacerbated by the state, and in general what he advocates. Inflation? Wealth transfer from poor to rich. Regulation? Smaller businesses cannot compete, thus wealth transfer from poor to rich. Government spending? More money was spent on the bailouts than the entire Iraq war.<br /><br />I cannot for the life of me understand how people can believe that other people spending money for their own benefit and the benefit of their friends, somehow benefits everyone in the economy. It's as if we eat money instead of food, wear money instead of clothes, and live in money stacks instead of houses.<br /><br />The only "flow" that benefits the average person is flow of real goods towards them. Flows of money towards them means goods and services are going the other way.Petenoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-66896076766688046552011-11-04T12:30:31.671-04:002011-11-04T12:30:31.671-04:00No, Krugman clearly has an agenda. If he did not t...No, Krugman clearly has an agenda. If he did not think that this income situation were contributing to the crisis, he would not be writing about it, especially since he is in the 1 percent.William L. Andersonhttps://www.blogger.com/profile/01802990642236807359noreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-87246046015211200092011-11-04T10:38:05.470-04:002011-11-04T10:38:05.470-04:00Normally I try to read your posts and look for way...Normally I try to read your posts and look for ways you misinterpret and overlook what Krugman has written, and try to use Krugman's points to respond to your critiques, in an attempt to keep the dialogue going. However, this posting in no way responds to todays column. The only time you directly mention the column is when you mention you agree with him about income inequality. If you want to have a blog that critiques Krugman, you should actually critique the things he says.Ericnoreply@blogger.com