Krugman on Maddow

It has to be good, right? (Only sort of actually.) Be sure to note the discussion on the return of feudalism. Yes, you did hear me mention that before.

"Cutting the tax rates of the wealthy has not only created the social havoc of income disparity, it has indebted the nation. The gutting of “the death tax” -- more properly defined as the Estate Tax (emphasis on “estate”) -- has allowed a modern-day feudalism to take root in America. Not unsurprisingly, the inheritors of great wealth have used that wealth to buy political power to protect their wealth -- at the expense of the rest of the country’s citizens and the country itself."

Enjoy the show.

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(By the way, I don't know which commercial played for you but I got the Goldman Sachs' commercial. On Rachel Maddow's show. Think about it.)

Don Brown
May 2, 2012