Friday, May 24, 2013

The Dust-Up Between Michael Kinsley And Paul Krugman

Kinsley's provocation was just too much:
Krugman also is on to something when he talks about paying a price for past sins. I don’t think suffering is good, but I do believe that we have to pay a price for past sins, and the longer we put it off, the higher the price will be. And future sufferers are not necessarily different people than the past and present sinners. That’s too easy. Sure let’s raise taxes on the rich. But that’s not going to solve the problem. The problem is the great, deluded middle class—subsidized by government and coddled by politicians. In other words, they are you and me. If you make less than $250,000 a year, Obama has assured us, you are officially entitled to feel put-upon and resentful. And to be immune from further imposition.
Paul Krugman gets it: Kinsley doesn't. And that's a HUGE problem!

What is about the New Republic? It's disease of catering to conservatives was tedious by 1981. By the 1990's, it was a disease, and by 2004, when I finally abandoned it, it was crippling. They still don't get it.

"In other words, they are you and me." No, Michael, YOU are not WE! When government cuts spending, WE suffer, and YOU don't! And why, in an efficient economy like ours, that sends vast amounts of money to the top of the social pyramid, YOU happen to think WE are coddled? How the hell would YOU know? Like I say, Krugman gets it - that's why HE has a Nobel Prize in Economics and YOU don't!

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