McArdle goes on to recommend the Brookings Institute's view, which says that income inequality is high but doesn't matter because it doesn't hurt the middle class. They say that if liberals want to say it does they have to prove it. Of course that has already been done, but we all know that nobody can trust those liberal facts, which often have shady motivations for being liberal. And factual.
Just as the Brookings Institute ignores unemployment, McArdle ignores the fact that the economy depends on consumer demand, not inequality. Giving all the money to the rich doesn't create jobs, as the speaker in the video says. It just makes the rich richer. The rich are not going to build factories to make things that nobody can afford to buy; they will hire more workers only when they need them.
Of course conservatives think they are winning Twitter. Why go through all that analysis and math and thinking when you can just say something "isn't very good" and your followers will agree with you immediately?
ADDED: The Thinker adds his two cents.
I'd say Meegan is an expert in "not very good", Susan.
ReplyDelete~
Can we have someone read like..10 pages of her book and declare it awful like she did to Sex at Dawn?
ReplyDeleteThat Brookings link is utter Krap.
ReplyDeleteA bunch of stupid towers then a Nevermind - without any analysis or numbers in between.
Simply awful.
I love how the first two responses to her twit are people thanking McArdle for telling them what to think.
ReplyDeleteIt's a dirty job but somebody has to do it.
ReplyDeleteYou have to admit, Susan, it would save you considerable time if you could just tweet, "The problem with the latest McArdle article is that it just isn't very good" every time she posts something.
ReplyDeleteNow I understand how she has so much time for bad cooking and fugly kitchen renos. It must be an example of that efficiency they're teaching at the business school.
How shocking that a plutocrat who actively lies about income inequality wouldn't like the the talk. She must view Hanauer as a class traitor, and thus she uses a classic McArdle-Goldberg move: try to minimize him first to avoid having to engage in a more substantial way and get exposed.
ReplyDeleteShe'll get back to us right after she opens the door for the FedEx guy.
ReplyDeleteI thought, in my simplicity, that you were quoting a Megan column, in which she goes on to explain why "it isn't very good." I need reading comp help--you said Twitter and, by God, Twitter it is. THAT's her response?
ReplyDeleteWell. As at Passover, the Simple Son asks: WTF?
I can't wait until her book comes out. I'll throw a book party for her, like the Vatican did for Galileo.
ReplyDeleteSpeaking of the Twitter Wars, these two tweets were posted an hour ago on Twitter by http://2012twit.com/:
ReplyDelete.@MittRomney gained 1,100 new followers, 3,058 mentions, 61 retweets in past 24hrs. Via http://2012twit.com
.@BarackObama gained 39,228 new followers, 8,779 mentions, 2,908 retweets in past 24hrs. Via http://2012twit.com
If this is what Assrocket calls 'winning' the Twitter war, I'd hate to see what he thinks losing it looks like. :-)
I just hope that her book advance was enough for her to renovate her BATHROOM.
ReplyDeletezombie rotten mcdonald: So we can be subjected to another post about how to remodel another room in her house on the cheap? Wasn't the kitchen remodel torture enough?
ReplyDeleteWasn't the kitchen remodel torture enough?
ReplyDeleteif by torture, you mean HILARIOUS, the yes.
And do you think it was more painful than when she writes about economics? Or, really, anything else?
I am also looking forward to if/when she spawns, so Tbogg can resurrect the America's Worst Mother columns.