Krugman: Unsavvy People

[LongTomH]

Paul Krugman has a great op-ed piece in support of Occupy Wall Street in his NY Times blog today. He dismisses the media coverage, which has, of course, dismissed the protestors:

Nieman Watchdog has a very good piece by John Hanrahan about press coverage of the Occupy Wall Street demonstrations. Coverage was initially dismissive and minimal — and mea culpa, I wasn’t paying attention myself. But it’s becoming clear that there’s something important happening: finally, after three years in which Very Serious People refused to hold the financial industry accountable, there’s a real grass-roots uprising against the Masters of the Universe.

There will, of course, be the usual attempts to dismiss the whole thing based on trivialities. Look at the oddly dressed people acting out! So? Is it better when exquisitely tailored bankers whose gambles brought the world economy to its knees — and who were bailed out by taxpayers — whine that President Obama is saying slightly mean things about them?

Or, why don’t they try to work within the system? Well, how’s that been going for those who did indeed try? When palace intrigue undermined the likes of Elizabeth Warren even within the Obama administration, and Republicans have thrown their full backing behind the malefactors of great wealth, why shouldn’t protesters go outside the usual channels?

<snip>

So, good for the protesters. And if the Obama people have any sense of self-preservation, they’ll try to mend fences with the people they have disappointed so badly.

Right On, Prof!:applause:

[mother earth]

1. Hell yeah! K & R

[chill_wind]

2. So, good for the protesters.

And good for Krugman. K & R.

[Demeter]

3. Obama would rather die than admit he screwed over his supporters