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Thursday, December 08, 2005
Daily Howler: The Puzzlement of the Millionaire Pundits
Mort and Charles and Cokie and George were confused by the views of those prole voters.
Krugman explained "the main explanation for economic discontent is that it's hard to convince people that the economy is booming when they themselves have yet to see any benefits from the supposed boom. Over the last few years G.D.P. growth has been reasonably good, and corporate profits have soared. But that growth has failed to trickle down to most Americans."
When everyone you see on a TV show is a millionaire receiving the benefits in a bipolar economy isn't it normal for them to cast blame at someone for not spreading the good news? As John Edwards said we live in two worlds that have been growing apart as all the good stuff is only happening at the top.
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