KRUGMAN: Ryan phenomenon fueled by the gullible center
To admit that the president’s critique is right would be to admit that they were snookered by Ryan, who is the same as he ever was.
To admit that the president’s critique is right would be to admit that they were snookered by Ryan, who is the same as he ever was.
Now, ALEC isn’t single-handedly responsible for the corporatization of our political life.
Something has clearly gone very wrong with modern U.S. conservatism.
Will our political system delay the energy transformation now within reach?
It’s harder than ever to see what, if anything, financiers are doing to earn that money.
What Texas shows is that a state offering cheap labor and, less important, weak regulation can attract jobs from other states.
The arguments that officials are reportedly making for a quick, bank-friendly settlement of the mortgage-abuse scandal don’t make sense.
Is a failure to raise the debt ceiling unthinkable? Not at all.
To be sure, things could be worse—and there’s a strong chance that they will, indeed, get worse.
It’s hard to know whether the “what, us worry?” types believe what they’re saying, or whether they’re just staking out a bargaining position.
As Upton Sinclair pointed out long ago, it’s difficult to get a man to understand something when his salary depends on his not understanding it.
Both high-wage and low-wage employment have grown rapidly, but medium-wage jobs—the kinds of jobs we count on to support a strong middle class—have lagged behind.
In a better world, politicians would talk to voters as if they were adults. They would explain that discretionary spending has little to do with the long-run imbalance between spending and revenues.
Wasn’t Texas supposed to be thriving even as the rest of America suffered? Didn’t its governor declare, during his re-election campaign, that “we have billions in surplus”? Yes, it was, and yes, he did. But reality has now intruded.