Krugman piles into America‘s latest demographic time-bomb. Krugman, who’s a liberal, Nobel prize winning economist, with a prominent NYT blog and a 1 million+ Twitter following.
Krugman agrees that white Americans are, in increasing numbers, killing themselves, directly or indirectly – with suicides way up, and deaths from drug poisoning and the chronic liver disease that excessive drinking can cause. Krugman admits that ‘We’ve seen this kind of thing in other times and places. But it’s a shock to see it, even in an attenuated form, in America’.
Source: Paul Krugman: Despair, American style | The Kansas City Star
As a conservative, living in Europe, let me share a few open questions.
Firstly, it’s questionable what Obama‘s two terms have done for working and middle class Americans? Sure there are some extra zero hours type contract jobs stacking supermarket shelves – but what’s Obama done about real jobs?
What has Obama done to increase America’s competitiveness or the nation’s skill-base? Why does the American education performance so poorly for so many & so well for so-few?
With rising technology and offshoring being trends that are here to stay, why hasn’t Obama tried to harness the energy of Americans lost along the way?
Perhaps, Americans have lost some of their national pride after Obama’s disaterous foreign policy interventions?
Most of all, I question whether Obama’s legacy has helped to bury the American Dream?