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Andrew Yang for Mayor of NYC?
Not according to Paul Krugman — Opinion writer of the New York Times. His arithmetic is no good he says.
Certainly there are uncertainties with Andrew — like, he has no background in public office. But, Arnold kind of proved to Californians that that wasn’t essential for the job.
Yang is known for his whacky ideas — And, sometimes they’re the best — or at least better than having none at all.
This is the second weekly Opinion of Opinion from me. Essentially a few brief and spectacular off-broardway comments on what I am reading in my New York Times.
Paul Krugman comes out with a whopper
“The real story of inequality and wage stagnation in America has a lot to do with the decline of unions and worker’s loss of bargaining power”
This is like saying rents went up in New York City because of a failure of rent control.
The huge disparity of income and wealth is little to do with unions in decline but rather globalization — for example, CEO’s being paid considerably more to manage world wide operations as opposed to local ones and factory workers were also left to compete internationally for their pay packets. The benefits were of course fantastic, what with quality inexpensive goods coming left, right and center into the…