Friday , October 18 2019
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Worthwhile following this thread

Summary:
Via Robert Waldmann via  Paul Krugman: The central fact of U.S. political economy, the source of our exceptionalism, is that lower-income whites vote for politicians who redistribute income upward and weaken the safety net because they think the welfare state is for nonwhites  to Noah’s opinion :  A few people have noticed me tweeting a lot more about racial/cultural issues in the last two years, and less about the nuts and bolts of economics. Well, let me explain why.

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Via Robert Waldmann via  Paul Krugman: The central fact of U.S. political economy, the source of our exceptionalism, is that lower-income whites vote for politicians who redistribute income upward and weaken the safety net because they think the welfare state is for nonwhites  to Noah’s opinion :  A few people have noticed me tweeting a lot more about racial/cultural issues in the last two years, and less about the nuts and bolts of economics. Well, let me explain why.

Dan Crawford
aka Rdan owns, designs, moderates, and manages Angry Bear since 2007. Dan is the fourth ‘owner’.

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