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In reply to the discussion: KRUGMAN: "Recovery Was NEVER The Point" [View all]freshwest
(53,661 posts)20. Most excellent rant. I only differ with the first sentence. There was no failure:
He explains what I've thought all along, much better than I could. These people are not stupid. Neither was Bush. It was only his lack of guile that made people think that, as he was a poor actor.
If we pat ourselves on the back saying he made mistakes, we delude ourselves. When we claim that 'no one would do' this or that bad thing... We fail to grasp that what we think is bad, they see as a good and they think we are stupid for not understanding their game.
And the impoverishment of millions is a business model. The byproducts are not from mistakes. Not everyone suffers from depressions, wars and the collapse of governments. In fact, there is so much profit to be made by disasters, these things are pushed to happen when they could be avoided.
Obama is trying to prevent the winner take all game plan from succeeding, but holds few cards in a high stakes game. The GOP (Greedy Oligarchs Party) is calling his hand, and we are the chips on the table. Our outrage is justified, but we had better direct it at the right place or we will be used.
JMHO, though.
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They are already using the police to protect the banks from peaceful protesters
EFerrari
Jun 2012
#13
I've been waiting my entire life for "when the serious shit comes down" and I'm
coalition_unwilling
Jun 2012
#43
The post WW2 social contract, basically said Capital will share increasing productivity
byeya
Jun 2012
#44
I was thinking about the warning Naomi Klein wrote about. To bad no one
southernyankeebelle
Jun 2012
#7
I think we are the 3rd one. Many on the right won't open their eyes until its to late.
southernyankeebelle
Jun 2012
#56
Most excellent rant. I only differ with the first sentence. There was no failure:
freshwest
Jun 2012
#20
" economic recovery was never the point; the drive for austerity was about using the crisis, not"
greiner3
Jun 2012
#24
Gee Mr Krugman one does not need a Phd in Economics or the Nobel Prize to see what is happening
dinopipie
Jun 2012
#26
You can acknowledge that's the game, but the question is whether the necessity to act is real.
napoleon_in_rags
Jun 2012
#60