"The fact is that what we’re experiencing right now is a top-down disaster. The policies that got us into this mess weren’t responses to public demand. They were, with few exceptions, policies championed by small groups of influential people — in many cases, the same people now lecturing the rest of us on the need to get serious. And by trying to shift the blame to the general populace, elites are ducking some much-needed reflection on their own catastrophic mistakes..."
Paul Krugman in his NYT column today - "The Unwisdom of Elites." Read the whole piece HERE.
Monday, May 9, 2011
|Where are those Tea Party protestors now?|
Congressman George Miller has released a report by the Center for Economic and Policy Research that found a 54-year-old today would need $182,000 in additional savings at retirement just to pay for the cost of maintaining full health coverage to age 84 under the Congressional GOP's plan to eliminate Medicare.