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Krugman: Wisconsin Power Play - jaxx - 02-21-2011 06:00 AM
Wisconsin Power Play
By PAUL KRUGMAN
Published: February 20, 2011
Last week, in the face of protest demonstrations against Wisconsin’s new union-busting governor, Scott Walker — demonstrations that continued through the weekend, with huge crowds on Saturday — Representative Paul Ryan made an unintentionally apt comparison: “It’s like Cairo has moved to Madison.”
It wasn’t the smartest thing for Mr. Ryan to say, since he probably didn’t mean to compare Mr. Walker, a fellow Republican, to Hosni Mubarak. Or maybe he did — after all, quite a few prominent conservatives, including Glenn Beck, Rush Limbaugh and Rick Santorum, denounced the uprising in Egypt and insist that President Obama should have helped the Mubarak regime suppress it.
In any case, however, Mr. Ryan was more right than he knew. For what’s happening in Wisconsin isn’t about the state budget, despite Mr. Walker’s pretense that he’s just trying to be fiscally responsible. It is, instead, about power. What Mr. Walker and his backers are trying to do is to make Wisconsin — and eventually, America — less of a functioning democracy and more of a third-world-style oligarchy. And that’s why anyone who believes that we need some counterweight to the political power of big money should be on the demonstrators’ side.
<..> There’s a bitter irony here. The fiscal crisis in Wisconsin, as in other states, was largely caused by the increasing power of America’s oligarchy. After all, it was superwealthy players, not the general public, who pushed for financial deregulation and thereby set the stage for the economic crisis of 2008-9, a crisis whose aftermath is the main reason for the current budget crunch. And now the political right is trying to exploit that very crisis, using it to remove one of the few remaining checks on oligarchic influence.
http://www.nytimes.com/2011/02/21/opinion/21krugman.html?nl=todaysheadlines&emc=tha212
I don't agree with Mr. K much anymore, but this is a telling OpEd.
RE: Krugman: Wisconsin Power Play - Hekate - 02-21-2011 06:21 AM
Krugman is an intelligent observer. Thanks for posting this, jaxx.
RE: Krugman: Wisconsin Power Play - Cha - 02-21-2011 02:06 PM
Good! The people that write about this crisis for our country in Wisconsin in a cognitive manner the better!
Mr Krugman makes excellent points. Wonder what Feingold thinks about this? It can't be good.