2016 Postmortem
Related: About this forumThe fix is in. Today Krugman stuck to economics
No mention of any political canidates.
Romulox
(25,960 posts)Skink
(10,122 posts)Not sure if that is good or bad.
Romulox
(25,960 posts)Last edited Sat Apr 23, 2016, 01:39 AM - Edit history (1)
for this election cycle. Not many were fooled.
Hoyt
(54,770 posts)And he's exactly right.
Romulox
(25,960 posts)Hoyt
(54,770 posts)Heck, lots of production didn't go to China because of NAFTA for one thing.
Armstead
(47,803 posts)Hoyt
(54,770 posts)Armstead
(47,803 posts)And the interests of average Amercan workers over the Jack Welch wannabes any fucking day.
And as fir other countries - Fair trade that helps them build healthy well rounded domestic economies instead of making them into Corpirate Colonies...hell ya
Hoyt
(54,770 posts)a year. Some pray for a couple of dollars a day.
Armstead
(47,803 posts)Personally I don't thimk its a goid idea to wreck the US economy snd simultaneoudly exploit workers elsewhere and create non- sustsinable colonial export sweatshop economies to allow a race to the bottom, just so Corporations can suck it all up.
But if you feel otherwise, be my guest
Hoyt
(54,770 posts)Armstead
(47,803 posts)And your cheap and easy distortion does not merit any further motions of my fingers on my keyboard
Unicorn
(424 posts)awards every year.
It would be nice if more dems visited it, even once a week.
They take nafta apart and the TPP. You'd not be drinking the koolaide of the people for it if you actually saw it taken a part.
It left many countries in ruin.
Ferd Berfel
(3,687 posts)shilling for the Corporate elite
Romulox
(25,960 posts)silvershadow
(10,336 posts)pat_k
(9,313 posts)In Seattle Times his most recent was the 19th. He sort of sounds like his "old self."
Paul Krugman
Robber baron recessions
Originally published April 19, 2016 at 5:01 pm
You see, profits are at near-record highs, thanks to a substantial decline in the percentage of GDP going to workers. ...
mainly reflect growing monopoly power. In that case many corporations would be in the position ...
... when investment is weak despite low interest rates, the Federal Reserve will too often find its efforts to fight recessions coming up short. So lack of competition can contribute to secular stagnation that awkwardly named but serious condition in which an economy tends to be depressed much or even most of the time, feeling prosperous only when spending is boosted by unsustainable asset or credit bubbles. If that sounds to you like the story of the U.S. economy since the 1990s, join the club.
...we arent just living in a second Gilded Age, were also living in a second robber baron era
jwirr
(39,215 posts)I think he favors FDR's mixed economy. So the robber barons are a no no but unregulated trade with other nations is just fine.
However, I think he fails to see the difference between free trade for FDR which was real trade deals and these for profit deals for the rich we are seeing today that have nothing to do with workers at all.
pat_k
(9,313 posts)I've been a little mystified trying to reconcile what appear to be conflicting analyses from him.
jwirr
(39,215 posts)alcibiades_mystery
(36,437 posts)It'll keep kicking around for a while, but nobody's paying attention anymore. It's over.
blm
(113,065 posts)Seems like 'fix' is the word Luntz focus-grouped most recently. Trump sure is using it a lot since NY.
Skink
(10,122 posts)Should be easier.
blm
(113,065 posts)more than they would ignore the word 'math'?
Skink
(10,122 posts)blm
(113,065 posts).
NCTraveler
(30,481 posts)It's clarity of the current state of the primaries.