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GLD 494.56+3.9%Jan 28 4:00 PM EST

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To: Metacomet who wrote (108653)11/29/2014 6:36:50 PM
From: bart132 Recommendations

Recommended By
Alias Shrugged
Gemlaoshi

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..and the language used for any specific reference will always hinge on what that particular choice of words means to the originator and the receiver, at that point in time

That's true of virtually any subject, so I can't comment.

Seems to me the best you can hope for is an accurate reading of historical facts, the empirical data, and a logical extension of where those may lead as informed by experience, and suggest possible policy initiatives that will lead to positive outcomes

Which in my opinion doesn't even vaguely apply to Krugman, or any other economist that uses such loaded and high emotion terminology, etc.

..he may not always use the best descriptions, but he is far and away the best known spokesman for abetting the unconscionable accumulation of wealth that is occurring in the US

..and I agree with his take that this phenomenon constitutes the most serious challenge to the economic well being of the US..


Fair enough but "not always use the best descriptions" severely understates his acerbic, spin/lie and attack modes of writing and speaking. I also believe that someone who continually only attacks one party has a massive problem with and blinders on with that party or ideology, and runs a strong risk of having folk who listen think he's on their payroll.

Relative growth in inequality is indeed a very substantial issue, but its an effect rather than a cause and approaching it with a strong political ideology, high emotion and vested interests is and will cause his efforts to be misdirected and add to the hot headed rhetoric working against any real resolutions.
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