Sunday, August 4, 2013

Is There Any Point To Economic Analysis?

See: http://krugman.blogs.nytimes.com/2013/08/04/is-there-any-point-to-economic-analysis/

It would seem all these well-thought comments to the post and in the post itself would mean something... if it weren't for the fact that the media and the VSPs work for the, you know, 1%.

Changing capital gains rates, lifting social security tax caps, adding additional, higher marginal income tax rates, financial transaction taxes, a government funded well enough to regulate large corporations, and a government powerful enough (i.e. not gutted and under-funded to properly police) to level a playing field are all things that would come out of dealing directly and honestly with the economic problems we have today.

Therefore, the problems must be recast ("Let's say that it's 'structural' and the world has past us by... they'll take their lot in life more casually!") in order to facilitate the continued neutering of the 99% and government because economic honesty is far, far too dangerous. And that is what you're seeing... even in PBS, who is probably trying to placate republicans who perpetually demand its demolition.

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