Legal Commentary

Welfare For Wall Street

By Big Tent Democrat

Krugman:

Still, you might argue that we have a free-market economy, and it’s up to the private sector to decide how much its employees are worth. But this brings me to my second point: Wall Street is no longer, in any real sense, part of the private sector. It’s a ward of the state, every bit as dependent on government aid as recipients of Temporary Assistance for Needy Families, a k a “welfare.”

But we need those Masters of The Universe, Krugman! Get with the program!

Speaking for me only

Full post as published by TalkLeft on April 27, 2009 (boomark / email).