09 May 2011

Bashing the elites

Never let an opportunity go by to point out the fecklessness of our elites.

I don't usually read Paul Krugman but his column today caught my eye. By and large I agree with it - which means he is getting smarter! Here's the core of his argument:
... what we’re experiencing right now is a top-down disaster. The policies that got us into this mess weren’t responses to public demand. They were, with few exceptions, policies championed by small groups of influential people — in many cases, the same people now lecturing the rest of us on the need to get serious. And by trying to shift the blame to the general populace, elites are ducking some much-needed reflection on their own catastrophic mistakes.

He then goes on to name names. One theme that I repeat over and over on this blog is that the elites have all disgraced themselves in the era of the double aughts. And now they are trying to blame it all on you and me.

we should be ashamed of ourselves for causing all this mayhem.


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