Cold Fury

Harshing your mellow since 9/01

Econ lesson for stupes

Stoaty can haz common sense, Krugman…not so much.

I have been trying to digest this Krugman article in the NY Times about the Tea Party movement. Sooper genius Krugman has worked it out: the Tea Partiers think the GOP is about helping people, but it’s really about helping corporations.

What the fuck does Krugman think corporations are made out of? Gremlins? Orcs? Delicious cream filling?

Oh, look…I know management can be shitbags. It burns me up the way some of the guys at the top reward themselves WAY out of proportion to any contribution they could possibly make to the company. It’s just plain bad capitalism, that is.

But corporations employ millions of us, and that’s where most of their money goes. And to shareholders — who are also overwhelmingly made up of people like us. And to growth, which is where jobs come from.

I worked for a medium-sized corporation for a quarter of a century. Here’s how the math went: the company had a good year, I got a bonus in January. The company had a bad year, my boss was invited to look around and decide which two of us he could live without.

Okay, I know small, scrappy businesses are the true engines of growth. But the Blue Chips are the lumbering dray horses of our mutual prosperity. How can a fucking Nobel-winning economist think punishing corporations is a good thing?

Helps to be a clueless liberal shitsack, natch. And that about describes Krugman to a fare-thee-well, I think.


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