Monday, June 08, 2009
Krugman Explains Us to Ourselves
Paul Krugman writes a column in the NYT from London. Gordon Brown, he says, is being punished for the economy. He doesn't even refer to expenses, the botched non-election, the botched 10p tax rate, McBride, legislative paralysys, general all-round botchery, the things that have, in fact, pushed the economy out of the headlines and out of our heads. In fact, in all the discussions I've had in the last couple of weeks about politics, I can't remember anybody even mentioning the economy as the cause of Brown's woes. Distinguished, Nobel-prize winning economists do have rather specialised agendas.
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As far as I can make out, Emperor Guano thinks the economic crisis is the reason we all hate him (and of course because it's global it's not his fault) and also the reason we want him to stay on (and get on with his job of fighting the recession).
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