Taking Back Krugman’s Nobel Prize: Obama And Political Correctness
Paul Krugman won the Nobel Prize this week.. American writers no longer win prizes for literature because they are “no longer mainstream,” but Paul Krugman — well, he hates the Bush Administration! He’s one of us..Krugman has been the point man for the bizarre thesis that America has become the “land of inequality.”
Does America seem to you like a country where 90 percent of the population is living barely above the poverty line?..Eighty percent of American homes now have air conditioning. Almost everyone owns a television set. Seventy-five percent have a cell phone. The poorest in America — the people in the bottom “quintile” — live as well as the average American did in 1970. Calorie intake is now perfectly level across all classes in America — meaning we have reached the millennial dream where everyone has enough to eat.