Posted on 07/28/2016 7:43:17 AM PDT by oblomov
Paul Krugman is confused. He can’t figure out why Americans are so gloomy that they might vote for Donald Trump in November. From the columnist’s perch at the New York Times, things in America seem A-okay:
If you want to feel good about the state of America, you could do a lot worse than what I did this morning: take a run in Riverside Park. There are people of all ages, and, yes, all races exercising, strolling hand in hand, playing with their dogs, kicking soccer balls and throwing Frisbees. There are a few homeless people, but the overall atmosphere is friendly—New Yorkers tend to be rushed, but they’re not nasty—and, well, nice.
Most Americans have never heard of gorgeous Riverside Park. In fact, they may have only a vague idea about the Upper West Side of Manhattan, the neighborhood where Riverside Park is located. But they understand that life on the Upper West Side—and places like it—is fabulous for the people who live there. Such places have boomed thanks to changes in the economy, but also from deliberate government policies designed to make them prosper. Wall Street, unlike Main Street, got bailed out during the financial crash. Most Americans may not be able to tell you what TARP stands for, or what quantitative easing is, but they have a good understanding of who profited the most from them—and that such people often take morning jogs in Riverside Park.
Most Americans also know that vast swaths of the Washington, D.C.-area are filled with wealthy people gorging themselves at the federal trough. They know that the rules don’t apply in Silicon Valley, where companies have been given a pass from taxes and many of the regulations that overwhelm ordinary American businesses.
(Excerpt) Read more at city-journal.org ...
Once shabby, the home of limousine liberals frightened by the junkies loitering near their apartment buildings, the Upper West Side is now at the zenith of Obama's America.
Riverside Park .... that must be where Obama is talking about when he says the birds are chirping and the sun is shining.
Krugman has been out of touch with the little people for years!
Paul Krugman, a legend in his own mind.
The most strident liberals live far away from the problems their policies create.
There are a few homeless people, ?????????????? Everyone knows they aren’t noticed until a Republican takes office. No homeless around? It could mean that those vacant buildings have been turned into high end condos with doormen and there are no available alley ways for them to hide in. Aren’t rents for a 1BR room apt about $2500 - $3000 a month? I had a 2 Family in Brooklyn, the new owner turned it into a 3 family, no wonder they sell for over 1M. (5K a month in rent payments, I could live on that, and the new owner was from that socialist country formerly called the USSR.)
True that.
You’d never see the likes of that jackwagon Krugman living in North Philly, Newark, Camden, or Detroit.
Homeless people in the streets are only a problem when a Republican is in the White House.
Yep. The homeless population on the UWS has soared in the last 5 years.
Only a jack@$$ like Krugman would think that a tony neighborhood in New York is a true reflection of the rest of America.
The three certainties in life....death, taxes and Krugman wrong again
Krugman is a evil piece of filth who has satanic blinders on.
He’ll never see reality since he’s willingly deceived.
And yes, races!
The formula for degree of exploitation is the ratio of aggregate demand for labor divided by aggregate profit. The formula for inequality is the ratio of demand for labor divided by aggregate demand for consumer goods. To increase both ratios and make the economy less exploitive and more equal requires the same thing, less libtardism. With less libtardism, business owners will be more likely to save and invest and less likely to consume. This is the way to increase demand for labor and consumption by labor,and decrease profits and consumption by business owners.
Agree completely. But post WWII fiscal and monetary policy have been designed to increase consumer demand. Instead, we should provide incentives for increased savings, investment, and capital formation even though consumption of consumer goods may decrease.
I wonder if he ever stopped to think just why all of those people are out at a park in the middle of the week. Shouldn’t those people be working? Maybe they can’t find jobs and going to the park doesn’t cost them anything.
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