Paul Krugman is going to enlighten someone, somewhere, if they can read
October 17, 2011 Leave a comment
There are economists - Nobel Prize-winning-economists – out there who not only get it, but are trying to get the word out:
As the Occupy Wall Street movement continues to grow, the response from the movement’s targets has gradually changed: contemptuous dismissal has been replaced by whining. (A reader of my blog suggests that we start calling our ruling class the “kvetchocracy.”) The modern lords of finance look at the protesters and ask, Don’t they understand what we’ve done for the U.S. economy?
The answer is: yes, many of the protesters do understand what Wall Street and more generally the nation’s economic elite have done for us. And that’s why they’re protesting.
If you can read this, pass it on and save a brain from atrophy: Wall Street Loses Its Immunity – NYTimes.com.