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Wednesday, August 22, 2018

KRUGMAN RETROSPECTIVE

Friday, May 20, 2011


RE KRUGMAN NYT EDITORIAL TODAY MAKING THINGS IN AMERICA MANUFACTURING NEVER TRY TO TEACH A PIG TO SING

Seemingly nice ideas....but. 
He paints the story as good democrats versus bad conservatives.

That has not been how the competitiveness situation unfolded, over many Presidential administrations, and many Congresses. 

His analysis leaves untouched the underlying political structural causes for this state of affairs. 

The political party electoral merry go round, on which his party politics comments also ride, will not prevent further competitiveness erosions of this type, just as it utterly failed to prevent them from developing since WW II. 

Loss of what I have called civilizational advantage happened in the early 70s. 

He was also a big globalist apologist pundit back in the 80s and even the 90s. Terms search: flatly wrong.

Regrets.

As The Wall Street Sector Selector said today, re big picture, 'the boarish details', 'Miss Piggy':

Like putting lipstick on a pig.  

Call her Pollyanna, 
or even Marilyn:



Furthermore, to paraphrase Robert Heinlein, 
Never try to teach a pig to sing; 
even a beautiful one; 
it wastes your time 
and it annoys her.

Terms search: many different terms.

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