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Response to antigop (Reply #19)

Mon Apr 8, 2013, 12:00 AM

36. Free Trade...Well, then save some ire for Paul Krugman

snip

A good many Americans did not believe , mainly working people who saw their jobs and middle-class wages decimated by the processes of globalizing production. Krugman said they didn’t see the big picture. Educated professionals whose own livelihoods were not threatened by globalization were more likely to embrace Krugman’s perspective. While he never won the debate with the broad public, his argument prevailed where it counts – among the political elites who influence government policy-making. Both political parties, every president from Reagan to Obama, embraced the same free-trade strategy: support US multinational corporations in global competition, as their success is bound to lift the rest of the country.
http://blog.ourfuture.org/20130402/how-krugman-was-so-wrong-on-trade?utm_source=rss&utm_medium=rss&utm_campaign=how-krugman-was-so-wrong-on-trade
snip

Not only did Krugman fully embrace and recommend free trade, he ridiculed both republicans, democrats AND union supporters who said it would be a job killer. But, Krugman has had time and the short memories of Americans.

Of course, he isn't running for president. But, he still manages to find a following for his pearls of wisdom.

By the way, has he every apologized for that misguided adventure.

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LineLineReply Free Trade...Well, then save some ire for Paul Krugman
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