Hayes and Krugman talking about stuff is must-see TV
by digby
Man, @chrislhayes is good. I am watching his interview with Krugman and it is completely different from other appearances by Krugman on TV.
— Jay Rosen(@jayrosen_nyu) March 31, 2013
I'm hopeful that Chris will be able to continue to do this sort of interview on the new show but in any case, we know he'll be bringing the same perspective which is, as Rosen indicates, unique among these cable news hosts.
Update: Krugman rsponds to David Stockman's incoherent rant in this morning's NYTimes, thank God. And he does it in his own inimitable fashion:
We’ve been doomed, yes doomed, ever since FDR took us off the gold standard and introduced unemployment insurance. What about those 80 years of non-doom? Just a series of lucky accidents. Now we’re really doomed. I mean it!
Actually, I was disappointed in Stockman’s piece. I thought there would be some kind of real argument, some presentation, however tendentious, of evidence. Instead it’s just a series of gee-whiz, context- and model-free numbers embedded in a rant — and not even an interesting rant. It’s cranky old man stuff, the kind of thing you get from people who read Investors Business Daily, listen to Rush Limbaugh, and maybe, if they’re unusually teched up, get investment advice from Zero Hedge.
Sad.
Sad indeed. But as hopeful as I find the idea of a populist alliance on right and left, as Mike Konzcal contemplates in this fascinating, must-read piece, I worry that too many good people will take Stockman's bizarre holistic view at face value rather than see the pieces of his ideas that are useful and discard the rest.
Update: Tweet from Brad Delong:
Inbox, re David Stockman: "OMG--what a freakish screed… gold-buggery, debt obsessed, Hunger Games-style dystopia...