The Pastrami Principle – Paul Krugman – The New York Times

April 16, 2016 By dralfoldman in People, Politics, Public Sector, US Election Tags: Abenomics, Ayn Rand, Donald Trump, Economy of Japan, George W. Bush, Japan, Joseph Stiglitz, Paul Krugman, Republican Party United States, The New York Times 1 Comment

Paul Krugman, Laureate of the Sveriges Riksban...

Paul Krugman, Laureate of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2008 at a press conference at the Royal Swedish Academy of Sciences in Stockholm (Photo credit: Wikipedia)

This is an interesting read from Paul Krugman, in his NYT op-ed blog. Check it ou!

Beware politicians — Republican or Democratic — who sneer at voters.

Source: The Pastrami Principle – The New York Times

Whilst I respect Krugman on economic issues, politically he’s too liberal and biassed against conservative values for me.

Thoughts?

Joseph Stiglitz: It’s a no-brainer to keep rates on hold – MarketWatch

September 9, 2015 By dralfoldman in Austerity, Business Administration, Education, Fiscal Policy, Growth, Healthcare, Immigration, People, Politicians, Politics, Unemployment Tags: African American, Donald Trump, Economic growth, Economic inequality, Federal Reserve System, Financial crisis of 2007–2008, Great Recession, Inflation, Joseph Stiglitz, United States 1 Comment





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According to Nobel winning economisr, Joseph Stiglitz, higher rates would slow the US economy but it would hurt African-Americans and Hispanic Americans the most.

Source: Joseph Stiglitz: It’s a no-brainer to keep rates on hold – MarketWatch

Of course, since the financial crash of 2008, poor Americans have never really recovered. The top 1% and indeed the top 20% have gone from strength to strength. I’m not sure what Obama has really done to improve the lot of the least advantaged in American society?

Thoughts?