Nobel Economist Krugman: The Real Plumbers of Ohio

http://www.nytimes.com/2008/10/20/opinion/20krugman.html?em

The Real Plumbers of Ohio
By PAUL KRUGMAN
October 20, 2008

>>Forty years ago, Richard Nixon made a remarkable marketing discovery. By exploiting America’s divisions — divisions over Vietnam, divisions over cultural change and, above all, racial divisions — he was able to reinvent the Republican brand

SNIP

John McCain’s strategy, in this final stretch, is based on the belief that the old formula still has life in it.

SNIP

Meanwhile we’ve got Mr. McCain making Samuel J. Wurzelbacher, a k a Joe the Plumber...the centerpiece of his attack on Mr. Obama’s economic proposals.

But what’s really happening to the plumbers of Ohio, and to working Americans in general?

First of all, they aren’t making a lot of money...

Second, their real incomes have stagnated or fallen...

Third, Ohio plumbers have been having growing trouble getting health insurance, especially if, like many craftsmen, they work for small firms.

SNIP


Well, what the heck does Mr. Krugman know about economics?

After all, he’s just a Professor at Princeton who won the 2008 Nobel Prize in economics.<<



robocaller McSame imitates what he believes to be a robo-call, next week he will mime the inter tubes. What a little minx. :+