Krugman upends Randian "let them eat cake" boat

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Nullius in verba
Feb 15, 2011
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http://www.nytimes.com/2015/04/03/opinion/paul-krugman-power-and-paychecks.html?_r=0
Most people would surely agree that stagnant wages, and more broadly the shrinking number of jobs that can support middle-class status, are big problems for this country. But the general attitude to the decline in good jobs is fatalistic. Isn’t it just supply and demand? Haven’t labor-saving technology and global competition made it impossible to pay decent wages to workers unless they have a lot of education?

Strange to say, however, the more you know about labor economics the less likely you are to share this fatalism. For one thing, global competition is overrated as a factor in labor markets; yes, manufacturing faces a lot more competition than it did in the past, but the great majority of American workers are employed in service industries that aren’t exposed to international trade. And the evidence that technology is pushing down wages is a lot less clear than all the harrumphing about a “skills gap” might suggest.

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http://www.nytimes.com/2015/04/03/opinion/paul-krugman-power-and-paychecks.html?_r=0
Most people would surely agree that stagnant wages, and more broadly the shrinking number of jobs that can support middle-class status, are big problems for this country. But the general attitude to the decline in good jobs is fatalistic. Isn’t it just supply and demand? Haven’t labor-saving technology and global competition made it impossible to pay decent wages to workers unless they have a lot of education?

Strange to say, however, the more you know about labor economics the less likely you are to share this fatalism. For one thing, global competition is overrated as a factor in labor markets; yes, manufacturing faces a lot more competition than it did in the past, but the great majority of American workers are employed in service industries that aren’t exposed to international trade. And the evidence that technology is pushing down wages is a lot less clear than all the harrumphing about a “skills gap” might suggest.

99076600.jpg

117746600.jpg

dear, can you say what your point is????
 
http://www.nytimes.com/2015/04/03/opinion/paul-krugman-power-and-paychecks.html?_r=0
Most people would surely agree that stagnant wages, and more broadly the shrinking number of jobs that can support middle-class status, are big problems for this country. But the general attitude to the decline in good jobs is fatalistic. Isn’t it just supply and demand? Haven’t labor-saving technology and global competition made it impossible to pay decent wages to workers unless they have a lot of education?

Strange to say, however, the more you know about labor economics the less likely you are to share this fatalism. For one thing, global competition is overrated as a factor in labor markets; yes, manufacturing faces a lot more competition than it did in the past, but the great majority of American workers are employed in service industries that aren’t exposed to international trade. And the evidence that technology is pushing down wages is a lot less clear than all the harrumphing about a “skills gap” might suggest.

99076600.jpg

117746600.jpg

Many Americans forget history. The founding fathers in genral and Jefferson in particular did not favour large entities ( nor governments nor corporations). As an example, public universities wer part of America since 1785.
 
OP just "copy/pasted" like a moron and never even commented about the article which is against the rules.

You want a response? You got it. Reported.
 
30 views and I get one response from a low-IQ poster. Krugman wins again

I don't see how an economist who advocates for forcible interference with people's economic decisions can be said to be "winning".

the op guy would not dare try to defend Krugman himself, but he is sure in his heart that Krugman is right!. This is a great example of why we say that a liberal is a parrot.
 
OP just "copy/pasted" like a moron and never even commented about the article which is against the rules.

You want a response? You got it. Reported.
So you "told on him," eh? LOL

yes he told them that the liberal like most liberals do not deserve to be here because liberalism is too inane to be defended. Conservatives are happy to defend. Ever see a conservative run away?? What does that teach you?
 
http://www.nytimes.com/2015/04/03/opinion/paul-krugman-power-and-paychecks.html?_r=0
Most people would surely agree that stagnant wages, and more broadly the shrinking number of jobs that can support middle-class status, are big problems for this country. But the general attitude to the decline in good jobs is fatalistic. Isn’t it just supply and demand? Haven’t labor-saving technology and global competition made it impossible to pay decent wages to workers unless they have a lot of education?

Strange to say, however, the more you know about labor economics the less likely you are to share this fatalism. For one thing, global competition is overrated as a factor in labor markets; yes, manufacturing faces a lot more competition than it did in the past, but the great majority of American workers are employed in service industries that aren’t exposed to international trade. And the evidence that technology is pushing down wages is a lot less clear than all the harrumphing about a “skills gap” might suggest.

99076600.jpg

117746600.jpg

Many Americans forget history. The founding fathers in genral and Jefferson in particular did not favour large entities ( nor governments nor corporations). As an example, public universities wer part of America since 1785.

Founders CHOSE the Big Gov't Federal Constitution after the failure of the small states right Articles of Confederation



"The only orthodox object of the institution of government is to secure the greatest degree of happiness possible to the general mass of those associated under it." Thomas Jefferson
 
"The only orthodox object of the institution of government is to secure the greatest degree of happiness possible to the general mass of those associated under it." Thomas Jefferson

total 100% goof illiterate liberal quotes Jefferson who founded Republican party in 1792 because even then Jefferson thought govt was getting too big!!

100% illiteracy and pure ignorance. This is why we call him Dumbto3!!
 
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