Krugman: THIS IS NOT ABOUT STIMULUS.

[Hugin]

8. This is why I'm glad any time I hear someone refer to it as 'relief', instead of...

Last edited Wed Dec 9, 2020, 10:15 AM - Edit history (1)

'stimulus'.

It's not a stimulus. The tea-partiers (now Trumpanzees) turned the word 'stimulus' into a dog whistle in 2008.

It is not clear from this article if Krugman realizes much of the financial and economic doings of the government have been turned over to the Randian Objectivists (they call themselves, Libertarians) under the Turd Reich. Understand them and you understand exactly what Mnuchin is doing. They see themselves as John Galt.

"Galt is acknowledged to be a philosopher and inventor; he believes in the power and glory of the human mind, and the rights of individuals to use their minds solely for themselves. He serves as a highly individualistic counterpoint to the collectivist social and economic structure depicted in the novel, in which society is based on oppressive bureaucratic functionaries and a culture that embraces mediocrity in the name of egalitarianism, which the novel posits is the end result of collectivist philosophy."

I guess in their minds "a culture that embraces mediocrity in the name of egalitarianism" is worse than a culture that embraces mediocrity in the name of heredity. Which is what Trumpism is all about.

From: https://en.wikipedia.org/wiki/John_Galt