That is fine, and I figured all along that Krugman, who makes in a year what many of us would have to work a lifetime to earn, would claim that if he is taxed more, the entire country would be better off. Maybe.
But the next line struck me as odd:
I worry greatly about unemployment, even though my own living is secure; I warn about growing inequality, even though I’m of the class that has gained from rising disparities; I’m upset about the direction this country is going, even though my own life is comfortable.My question is this: How has Krugman gained from "rising disparities"? Is Krugman saying that because his income is rising, the incomes of others MUST fall?
If he is, then, economically speaking, he is giving us a non sequitur and is subscribing to the "fixed pie" argument in economics. That is, there is no such thing as real economic growth; the economy is fixed, and if one person gains, that automatically means that someone else loses.
That is a Third-World view of how an economy works. But, then, a person who subscribes to Y = C + I + G + (X-M) as the Gospel of Economics is going to have a skewed economic perspective.