I think if you're a liberal, you believe that we all are, at least to some extent, our brothers' keepers, you really believe that we have a sumptuary responsibility to make sure that life is decent for everybody in America, that you believe that society out to be broadly shared, and you believe that you can't have a real democracy unless you have a little bit, at least, of economic democracy.
Paul KrugmanItโs not about the budget; itโs about the power...So will the attack on unions succeed? I donโt know. But anyone who cares about retaining government of the people by the people should hope that it doesnโt.
Paul KrugmanIn short, it's a great economy if you're a high-level corporate executive or someone who owns a lot of stock. For most other Americans, economic growth is a spectator sport.
Paul KrugmanIf the price of everything is going down, that's going to include wages as well. People will have an incentive to sit on their cash and not spend it.
Paul KrugmanWhere's that toxic rhetoric coming from? Let's not make a false pretense of balance: it's coming, overwhelmingly, from the right. It's hard to imagine a Democratic member of Congress urging constituents to be "armed and dangerous" without being ostracized; but Representative Michele Bachmann, who did just that, is a rising star in the G.O.P.
Paul Krugman