Paul Krugman on the rich getting richer

A minute with Paul Krugman after a presentation he gave at the Center for American Progress in June 2006.

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News & Politics

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• paul
• krugman
• center
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• american
• progress
• politicstv

[HocVolueruntNL]

@arzoyan You forget the fact that capitalist (freemarket) is neither ever corperatist of statist.. And that corporatism is only possible within statism. Never in capitalism. The entire reason the top is getting richer is because the lower classes are too regulated and taxed to compete with the SOCIALIST policy to keep big business alive and taxt the rest into extinction.

Every tax for the big guy is easy to pay, for the little man it's welfare. ever heared the expression too big to fail?

[DanLetts97]

@666sigma You know, I'm not convinced that someone in the top 1% sits around writing comments on youtube videos.

[goosefraba99]

Fucking jealous socialist. Wtf is wrong with Americans. Y do we hate rich people. Wtf

[UncleIrv]

@HocVolueruntNL

More to the point:

The practical effect of Corporatism is to PROTECT THE HEGEMONY and PREVENT UPSTARTS from challenging it with competition.

This also works at the individual level and describes DEMOCRAT PARTY'S manipulation of the populace through its class-baiting demagoguery. While pretending to care for "the poor," the effect of their policies is to KEEP THE POOR FROM EVER ESCAPING POVERTY.

If the income gap is expanding, it is solely the fault of so-called "LIBERALISM."

[wallstreetatheist]

@HocVolueruntNL You got it right, sir!

[Ibringthetruth1]

rich are getting poorer in this economy and the stock market.

fuck off socialist moron.

Look at Spain, Greece and Italy. All Dummycrat countries.

[cokanesic]

this from a guy who charges around 20k just to talk lol

[mgallant01]

this guy is a TOTAL idiot

[BaldyV]

ENVY



[666sigma]

@selfrealizedexile

Really?

China has pegged their currency to the US dollar, which FORCES them to buy US dollar assets to maintain the peg. China has used their slave labor and forced savings to become the manufacturing center for the entire world. This has allowed them to modernize their country.

What did we get? We got cheap goods and fewer jobs. We hid the job loss from outsourcing with the DotCom and Housing Bubbles. The real economy is now exposed and so is the damage.