As usual, Krugman sees only what the Kool-Aid lets him see.
There's a paucity of responsible politicians on both sides of the aisle.
I bet he checks under his bed every nite before going to sleep, lest the Repuboogie Man lurk in wait.
I adore Paul Krugman, but I do not like his style when addressing political issues. He is a damn fine economist, not the most clever political commentator. That being said, I think the current Republican party is disgrace to this nation. They ***** and moan about spending 30 billion USD on unemployment insurance, and yet they have no problem extending the EGTRRA and JGTRRA (Bush Tax Cuts) for the well-off. There is no doubt left in my mind that the Republican party has become just an edifice for the protection of the wealthy, who throw bread (e.g. Medicare Part D) once and a while to the masses, so that the Bastille is not stormed.
The post-Johnson Democrats are not much better. Jimmy Carter started an in-party war with Edward Kennedy and the Left. President Clinton allowed corporations to buy up unprecedented levels of television and radio stock and destroyed welfare, by delineating power to the states. President Obama is a sissy (grown-ups insert p-word here) who is so afraid of criticising big business and standing up for what he believes in. They handed money to corporations, no-questions asked, but the Democrats are reluctant to even pass job-stimulating bills. At this point, I am only a Democrat because they are the only chance we have to balance the long-term budget.
I am reminded of a passage from the
Communist Manifesto:
[t]he bourgeoisie has at last, since the establishment of Modern Industry and of the world market, conquered for itself, in the modern representative State, exclusive political sway. The executive of the modern state is but a committee for managing the common affairs of the whole bourgeoisie.
