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Posts Tagged ‘Paul Krugman

Putin smirks: welcome to Trumpistan and “American carnage”

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Donald Trump_caricatureSo the deed is done and suddenly, we live in an “American carnage” that only DJT can remedy, apparently. His dark message was a paean to nationalistic jingoism, fear mongering and isolationism.

Some apt points in articles today from David Remnick (New Yorker) and Paul Krugman (New York Times);

Remnick: “Since Election Day, Trump has managed to squander good faith and guarded hope with flagrant displays of self-indulgent tweeting, chaotic administration, willful ignorance, and ethical sludge. Setting the tone for his Presidency, he refused, or was unable, to transcend the willful ugliness of his campaign. He goes on continuing to conceal his taxes, the summary of his professional life; he refuses to isolate himself from his businesses in a way that satisfies any known ethical standard; he rants on social media about every seeming offense that catches his eye; he sets off gratuitous diplomatic brushfires everywhere from Beijing to Berlin. (Everywhere, that is, except Moscow.)

“His appointees, in the meantime, are too often amateurs in the fields they now pretend to lead or determined opponents of the realms they are intended to safeguard: civil rights, the global environment, public housing.”

Krugman: “So there you have it: an administration unprecedented in its corruption, but also completely unprepared to govern. It’s going to be terrific, let me tell you.”

Maybe “carnage” is the right word after all…

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Written by William DiBenedetto

20 January, 2017 at 2:20 pm

Employees can’t afford to eat? Happy New Year!

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Happy New Year_Amodiovalerio VerdeWelcome to the New Year, same as the old year—in much of corporate America and the Republican Party.

A recent HBR Blog item by Peter Cappelli notes it was not all that long ago that companies worried about whether their employee practices were fair. “One of the functions of human resource departments was to advocate for the interests of employees.”

That was a long time ago in galaxy gar, far away. Shareholder activism as well as court cases sympathetic to shareholder interests have meant that the vast majority of companies pay more attention to maximizing stock prices, often at the expense of their employees. Read the rest of this entry »

Written by William DiBenedetto

1 January, 2014 at 3:00 am

Groups use energy security scare tactic in opposing EPA

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Talk about turning logic on its head: Four right-wing, anti-big government groups contend the EPA is “abusing” air-quality laws because the agency’s MACT (maximum achievable control technology) utility rules will force coal-fired electrical plants to shut down, thus jeopardizing the security and reliability of the U.S. power supply.

A recent petition by the Institute for Liberty, Americans for Prosperity, Center for Rule of Law, and the Freedom Through Justice Foundation is asking EPA to “look at the facts on electric reliability and its Utility MACT rule, which the agency is rushing to finalize in November.”

The coalition’s petition contends the EPA is rushing to judgment and questions the EPA’s assumptions on electric reliability. “EPA has never taken reliability seriously,” it says. “The message of this petition is simple: slow down, do the job right, and do not put reliable electric service at risk.” Read the rest of this entry »

Written by William DiBenedetto

25 October, 2011 at 2:00 am

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