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Paul Krugman - Income Inequality and the Middle Class

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Complete video at: http://fora.tv/2007/10/30/Paul... economist and New York Times Op-Ed columnist Paul Krugman discusses the history of the American "middle class," and argues that growing income inequality may threaten its existence.-----Paul Krugman discusses "Losing Our Way in the New Century: The Future of the Middle Class?"Krugman brings a sharp political, social and economic analysis of what happened to the middle class of the 20th century and where America's social policy is headed in the future. Krugman is the most widely read economist of our time and was named Columnist of the Year by Editor and Publisher magazine. - The Commonwealth ClubPaul Krugman joined The New York Times in 1999 as a columnist on the Op-Ed Page and continues as professor of Economics and International Affairs at Princeton University.Mr. Krugman received his B.A. from Yale University in 1974 and his Ph.D. from MIT in 1977. He has taught at Yale, MIT and Stanford. At MIT he became the Ford International Professor of Economics.Mr. Krugman is the author or editor of 20 books and more than 200 papers in professional journals and edited volumes. His professional reputation rests largely on work in international trade and finance; he is one of the founders of the "new trade theory," a major rethinking of the theory of international trade. Mr. Krugman's current academic research is focused on economic and currency crises.At the same time, Mr. Krugman has written extensively for a broader public audience. Some of his recent articles on economic issues, originally published in Foreign Affairs, Harvard Business Review, Scientific American and other journals, are reprinted in Pop Internationalism and The Accidental Theorist.

Channel: News & Politics
Uploaded: November 30, 2007 at 5:38 pm
Author: ForaTv

Length: 07:14
Rating: 4.46
Views: 8500

Tags: brackets  bush  business  cuts  down  economy  income  policy  progressive  reagan  tax  taxation  thatcher  trickle  unions  workers  

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Video Comments

marxbitesall (July 24, 2008 at 9:52 pm)
The banks caused the great depression as a ruse to steal the people's gold and replace it with crap worth 2 cents today.An oz of gold in 1932 was $20 - today it pushes $1000/oz, thats means $1 is worth 1/50th its 1932 purchasing power = 2% = $0.02.The Feds theft by inflation = 98cents/dollar they stole from we who actually produce. Krugman covers this up.Capitalism WAS NEVER to blame, only govt's queering of what was a free market chosen commodity money, gold & silver per the Const.
marxbitesall (July 24, 2008 at 9:25 pm)
Seriously now, can U read FattKidd?LOOK what I said -it is w/o (that's WITHOUT) govt's special favors to some that a free market gives we the consumers the upper hand.IE When the scum we call govt STOP giving all their puppeteers the stolen production of the working people who earned it, THEN and only when govt gets it's scratchers off the economy, will there be FREE trade.Krugman is interventionist govt's paid apologist, thats my point he's evil scum like govt.Now, say what?
FattKidd (July 24, 2008 at 7:03 pm)
Are you honestly arguing that gov'ts to not hand out special favors to special/corporate interests? Please. Where have you been? Are you saying there are no subsidies for certain sectors of the economy? You must be living on a different planet than the rest of us. What do you think the current round of globalist talks in Doha are about? Eliminating US & European farm subsidies and import tarriffs! Or what about the fact that oil companies are given leases for LESS than pennies on the dollar?
marxbitesall (July 24, 2008 at 5:48 pm)
Bullcrap - it is w/o govt's special favors to some that a free market gives we the consumers the upper hand. If a company does not satify us, we punish it by not buying until it does, or buying elsewhere. No arms are twisted, no subsidies are stolen from the people by govt to give it's pets.Wake up dolts - Ur indoctr- er, educations are showing.
marxbitesall (July 24, 2008 at 5:40 pm)
YEAH look how great those automakers are doing now huh???Hiring like crazy are they?????What a clueless clown!
erkd1 (July 13, 2008 at 12:40 pm)
marx is classic, he sees the economic inequality and DEMANDS tax cuts for the rich. What the rich call a useful idiot.
marxbitesall (June 12, 2008 at 2:28 pm)
GET IT THRU YOUR THICK NUMBSKULLS - Herr KRUGMAN IS A LYING APOLOGIST FOR THE POLICE STATE THAT FEEDS HIM.WIKI CFR - the Council on Foreign Relations - this is who runs America just as Joseph P Kennedy said. Look who is in the club that decides wars, presidents & their cabinets to control them better with.BOTH parties take their orders from the CFR except for JFK and u see what that got him? Also worked good bringing puppet groveler Ted into the fold.
marxbitesall (June 12, 2008 at 2:21 pm)
100% correct - thats the ruse all power uses - breadcrumbs and circuses - all the waaaaaay back to the Roman Empire!!!Krugman is a lying whore of govt. One in a very long line of academic, media & govt cheerleaders wasting billions in tax dollars convincing us we this corrupt bloated pig of a govt, when we had nothing at all like it our 1st 125yrs +/-!Screw all you dupes of compulsory educations & mindless asorbers of media lies upon lies.
marxbitesall (May 14, 2008 at 1:17 am)
What cretin Krugman will never say is that 9/10ths bigger than intended government is the greatest of causes for the disparity at the low end it supplants, whose oxygen it inhales, with it's own grandiosity, costly propaganda and profitable "monsters to destroy" for justifying it's ever more bloated, corrupt and militant genocidal existence. The FED was spawned as war's credit card and an elite congressional/industrial/banking noose of taxes for the criminal vigerish.Your mind was bent.
Xaltotyn (May 14, 2008 at 12:59 am)
Agreed. "Free market" has been fetishized to a ridiculous degree and too many people believe the "invisible hand" actually exists


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