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Marzupialis

(398 posts)
Fri Jul 6, 2012, 05:05 AM Jul 2012

Krugman explains that a country is not a Company

"The truth is that even if Mr. Romney had been a classic captain of industry, a present-day Andrew Carnegie, his career wouldn’t have prepared him to manage the economy. A country is not a company (despite globalization, America still sells 86 percent of what it makes to itself), and the tools of macroeconomic policy — interest rates, tax rates, spending programs — have no counterparts on a corporate organization chart. Did I mention that Herbert Hoover actually was a great businessman in the classic mold?"

more http://www.nytimes.com/2012/07/06/opinion/off-and-out-with-mitt-romney.html?_r=1

11 replies = new reply since forum marked as read
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Krugman explains that a country is not a Company (Original Post) Marzupialis Jul 2012 OP
This message was self-deleted by its author bupkus Jul 2012 #1
Have THAT fight Cosmocat Jul 2012 #6
He would probably clean out the money from the Pension Benefit Guaranty Corporation (PBGC) LiberalFighter Jul 2012 #10
George Bush Jr. was our first MBA businessman president...he really did well didn't he? rfranklin Jul 2012 #2
They spent the 90s balling about MBAs Cosmocat Jul 2012 #7
Simple 90-percent Jul 2012 #3
Another rwing meme that really has *got* to go. PotatoChip Jul 2012 #4
It makes perfect sense... Scootaloo Jul 2012 #5
Why are you attacking me? PotatoChip Jul 2012 #9
The most important definer of "company" is missed here... LibertyBell7 Jul 2012 #8
I'm glad that you mentioned that Proud Liberal Dem Jul 2012 #11

Response to Marzupialis (Original post)

LiberalFighter

(51,093 posts)
10. He would probably clean out the money from the Pension Benefit Guaranty Corporation (PBGC)
Fri Jul 6, 2012, 12:18 PM
Jul 2012

and transfer it to his account.

 

rfranklin

(13,200 posts)
2. George Bush Jr. was our first MBA businessman president...he really did well didn't he?
Fri Jul 6, 2012, 06:26 AM
Jul 2012

Why not repeat the mistake?

Cosmocat

(14,573 posts)
7. They spent the 90s balling about MBAs
Fri Jul 6, 2012, 07:14 AM
Jul 2012

and how THAT is what you want in the White House running things.

You don't hear that anymore.

Oddly, you don't hear the "liberal media" crowing about how much of a flop it turned out to be.

90-percent

(6,829 posts)
3. Simple
Fri Jul 6, 2012, 06:33 AM
Jul 2012

President Romney would be GW Bush's third term.

At least Bush was a self deprecating idiot. Mitt ain't got no sense of humor about himself at all.

-90% Jimmy

PotatoChip

(3,186 posts)
4. Another rwing meme that really has *got* to go.
Fri Jul 6, 2012, 06:40 AM
Jul 2012

I never understood why pukes are always so impressed by successful businessmen. Or why they think that qualifies someone to run a state or country.

 

Scootaloo

(25,699 posts)
5. It makes perfect sense...
Fri Jul 6, 2012, 07:09 AM
Jul 2012

If you understand the way they think.

If you think a republican - ANY republican - wants what's best for the entire country... then you don't understand how they think.

PotatoChip

(3,186 posts)
9. Why are you attacking me?
Fri Jul 6, 2012, 08:17 AM
Jul 2012

I understand how republicans think- came from a rwing fundie family, in fact. Despite that, (actually because of that) I cast my first vote at age 18 for Walter Mondale, never wavering from straight ticket, Democratic voting in all of the years since.

Yes, I know all too well how republicans 'think.' That is why I disagree with one thing that you said... IMO, most republicans *do* believe that their candidates are what is 'best for the country', however misguided.

I just don't know why they think that their best choices for candidates include people whose only claim to fame is being a businessman, and/or an evangelical christian.

LibertyBell7

(22 posts)
8. The most important definer of "company" is missed here...
Fri Jul 6, 2012, 07:15 AM
Jul 2012

Most companies are, by hierarchical definition, top-down dictatorships. No democracy to be found here. The largest of them — the incorporateds — are top-down oligarchies.

When wingers profess that countries should be run like companies, this most basic truth about company structure must never be forgotten. All other arguments are noise intended to distract from that core truth of what the wingers actually want, and distract from the core truth there is a real revolution against democracy being waged by those professing this change.

Proud Liberal Dem

(24,437 posts)
11. I'm glad that you mentioned that
Fri Jul 6, 2012, 12:22 PM
Jul 2012

Companies aren't "bipartisan" organizations that generally (have to) rely on "compromise" with competing interests to get things done.

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