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Friday, May 4, 2012

Plutocracy, Paralysis, Perplexity

The title of this post is also the title of the article that it refers to. I often read Paul Krugman's column in the New York Times. Krugman is an economist more people should be familiar with. During the current and ongoing financial crisis that we are facing, I have found his thoughts to be illuminating. I'm not going to give you a list of his accomplishments and qualifications, but I am going to give you a link to his article and I hope you read it. Here's a quote to prime the pump.....

On partisanship: "The Congressional scholars Thomas Mann and Norman Ornstein have been making waves with a new book acknowledging a truth that, until now, was unmentionable in polite circles. They say our political dysfunction is largely because of the transformation of the Republican Party into an extremist force that is “dismissive of the legitimacy of its political opposition.” You can’t get cooperation to serve the national interest when one side of the divide sees no distinction between the national interest and its own partisan triumph."

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