The Big Disconnect - PAUL KRUGMAN & Noam Chomsky +
by PAUL KRUGMAN - The New York Times
Friday Sep 1st, 2006 6:14 AM
Krugman: Big Disconnect -

Krugman on the disconnect between pundits lectures on the economy and the experience of typical families.

- PLUS: Their view of the world is through a bombsight - Noam Chomsky

- PlUS: Rendezvous With Oblivion, by THOMAS FRANK and more
OP-ED COLUMNIST
The Big Disconnect
By PAUL KRUGMAN

Published: September 1, 2006


Why have workers done so badly in a rich nation that keeps getting richer?


There are still some pundits out there lecturing people about how great the economy is. But most analysts seem to finally realize that Americans have good reasons to be unhappy with the state of the economy: although G.D.P. growth has been pretty good for the last few years, most workers have seen their wages lag behind inflation and their benefits deteriorate.

The disconnect between overall economic growth and the growing squeeze on many working Americans will probably play a big role this November, partly because President Bush seems so out of touch: the more he insists that it’s a great economy, the angrier voters seem to get. But the disconnect didn’t begin with Mr. Bush, and it won’t end with him, unless we have a major change in policies.

The stagnation of real wages ...
Continued:
http://mparent7777.livejournal.com/11917607.html



Their view of the world is through a bombsight - Noam Chomsky
http://mparent7777.livejournal.com/11916564.html



Nightmare Mortgages
http://mparent7777.livejournal.com/11915773.html



FBI searches offices of Alaska lawmakers
http://mparent7777.livejournal.com/11914528.html



And More Coming Up on Today's Newswire
http://mparent7777.livejournal.com/2006/09/01/

Such as:

GUEST COLUMNIST
Rendezvous With Oblivion
By THOMAS FRANK

Published: September 1, 2006


Everything I have written about in this space points to the same conclusion: Democratic leaders must learn to talk about class issues again.

---

Frank, the author of What’s the Matter with Kansas, is proving to be a very insightful and articulate observer of our ever-more wobbly world in the 21st century.
http://mparent7777.livejournal.com/2006/09/01/


MARC PARENT
CRIMES AND CORRUPTIONS OF THE NEW WORLD ORDER NEWS
 
 


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