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Catching up on a Sunday Morning

Submitted by Roanman on Sun, 01/23/2011 - 07:24

 

Nobel Economics Laureate, Princeton University economic professor, and New York Times columnist, Paul Krugman defines the sides.

 

"One side of American politics considers the modern welfare state — a private-enterprise economy, but one in which society’s winners are taxed to pay for a social safety net — morally superior to the capitalism red in tooth and claw we had before the New Deal.

It’s only right, this side believes, for the affluent to help the less fortunate.

The other side believes that people have a right to keep what they earn, and that taxing them to support others, no matter how needy, amounts to theft.

That’s what lies behind the modern right’s fondness for violent rhetoric: many activists on the right really do see taxes and regulation as tyrannical impositions on their liberty.

There’s no middle ground between these views.”  Paul Krugman