Krugman cheers on Elizabeth Warren

elizabeth warren's definitely got my attention (see previous post), altho' i must admit, i'd rather see her challenging obama in a primary than running for a massachusetts senate seat... she's gotten paul krugman's attention too, evidently...

Elizabeth Warren, the financial reformer who is now running for the United States Senate in Massachusetts, recently made some eloquent remarks to this effect that are, rightly, getting a lot of attention. “There is nobody in this country who got rich on his own. Nobody,” she declared, pointing out that the rich can only get rich thanks to the “social contract” that provides a decent, functioning society in which they can prosper.

Which brings us back to those cries of “class warfare.”

Republicans claim to be deeply worried by budget deficits. Indeed, Mr. Ryan [Wisconsin Republican Congressman Paul Ryan] has called the deficit an “existential threat” to America. Yet they are insisting that the wealthy — who presumably have as much of a stake as everyone else in the nation’s future — should not be called upon to play any role in warding off that existential threat.

Well, that amounts to a demand that a small number of very lucky people be exempted from the social contract that applies to everyone else. And that, in case you’re wondering, is what real class warfare looks like.

after musing about the demise of frank rich at the nyt, i've begun wondering just how much longer the super-rich elites will tolerate krugman's voice at the gray lady... i would not be at all surprised by a resignation announcement in the near future...

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