• Tips gratefully accepted here. Thanks!:

  • Recent Comments

    riverdaughter on Context
    riverdaughter on Context
    Sweet Sue on Context
    Sweet Sue on Context
    Sweet Sue on Context
    Alessandro Machi on We should be shocked.
    Ivory Bill Woodpecke… on This sounds familiar
    Ivory Bill Woodpecke… on We should be shocked.
    Bernard Jenkins on This sounds familiar
    Sweet Sue on Opioids
    Ivory Bill Woodpecke… on Opioids
    Ivory Bill Woodpecke… on Opioids
    Sweet Sue on Opioids
    Ivory Bill Woodpecke… on Opioids
    Ivory Bill Woodpecke… on Opioids
  • Categories


  • Tags

    abortion Add new tag Afghanistan Al Franken Anglachel Atrios bankers Barack Obama Bernie Sanders big pharma Bill Clinton cocktails Conflucians Say Dailykos Democratic Party Democrats Digby DNC Donald Trump Donna Brazile Economy Elizabeth Warren feminism Florida Fox News General Glenn Beck Glenn Greenwald Goldman Sachs health care Health Care Reform Hillary Clinton Howard Dean John Edwards John McCain Jon Corzine Karl Rove Matt Taibbi Media medicare Michelle Obama Michigan misogyny Mitt Romney Morning Edition Morning News Links Nancy Pelosi New Jersey news NO WE WON'T Obama Obamacare OccupyWallStreet occupy wall street Open thread Paul Krugman Politics Presidential Election 2008 PUMA racism Republicans research Sarah Palin sexism Single Payer snark Social Security Supreme Court Terry Gross Texas Tim Geithner unemployment Wall Street WikiLeaks women
  • Archives

  • History

    November 2017
    S M T W T F S
    « Oct    
     1234
    567891011
    12131415161718
    19202122232425
    2627282930  
  • RSS Paul Krugman: Conscience of a Liberal

  • The Confluence

    The Confluence

  • RSS Suburban Guerrilla

  • RSS Ian Welsh

    • Five Hundred Million Dollar Negative Yield Bond Issued
      No, central banks aren’t screwing the economy up with their purchases: Veolia (Paris:VIE) has issued a 500 million 3-year EUR bond (maturity November 2020) with a negative yield of -0.026 %, which is a first for a BBB issuer. To be clear, central banks didn’t buy those bond, investors did. But central bank purchases of […]
  • Top Posts

Paul Krugman asks a good question

From Bitter Knitter to Sans Culottes

In his recent Conscience of a Liberal blogpost, Nation of Takers, Paul asks:

Ask yourself: when was the last time a Republican leader made a point of praising hard-working, ordinary families — as opposed to “job creators”?

We’re out here.  We work hard.  We don’t necessarily want to be rich.  Some of us derive satisfaction from our work in different ways.  But we still need to get paid, feed our kids, take care of them when they’re sick, provide for our retirements.

We DESERVE those things.  Americans are the hardest working people on the planet.  I’m tired of the rich and the well connected and a certain segment of the Democratic power faction as well, looking down on the rest of us without any appreciation for how the garbage gets picked up, their kids learn to read The Hobbit, or how the cancer drugs get made.

The rich have to lie to themselves about us.  It makes them feel less guilty about taking everything that isn’t nailed down if they can convince themselves that we didn’t earn it.  But that shit never lasts.  It will always come back to bite them in the ass.  If you impoverish a population, they can’t buy your crap, crime gets to be out of control and you get a different brand of worker a decade down the road, surly, cynical, and not particularly invested in the quality of the things they are forced to do for the measly money they get.

It won’t be a nice country to live in anymore.  That’s what the rich are bringing on themselves.  Oh sure, they will always have their nice little enclaves.  But they will be surrounded with their retainers who don’t like them and can’t wait for bad things to happen to them.  They will have to spend more and more money to protect themselves and they will never feel safe.

Enjoy it while you can.

Advertisements