Friday, September 01, 2006
Krugman: The Big Disconnect
Both Paul Krugman and Thomas Frank have the same core message in today's columns -- After the Republicans are defeated, we will still have the problem of the Democrats.
By PAUL KRUGMAN
There are still some pundits out there lecturing people about how great the economy is. But most analysts seem to finally realize that Americans have good reasons to be unhappy with the state of the economy: although G.D.P. growth has been pretty good for the last few years, most workers have seen their wages lag behind inflation and their benefits deteriorate.
The disconnect between overall economic growth and the growing squeeze on many working Americans will probably play a big role this November, partly because President Bush seems so out of touch: the more he insists that it’s a great economy, the angrier voters seem to get. But the disconnect didn’t begin with Mr. Bush, and it won’t end with him, unless we have a major change in policies.
Read the whole thing...
Paul Krugman Politics Democrats Bush Republicans Conservatives News Republicans Election 2006