I can attest to the truth of Krugman’s claim that a zombie talking point is alive and well in the US, which hasn’t really taken root here. It is that only the rich pay tax. That’s roughly true here if you’re looking at families (because of family payments), but it’s based on a bit of a trick which is that not only is it not true if you don’t have kids, but it’s also not true if you include indirect taxes – here mainly GST, payroll tax and stamp duty (although the latter is a little progressive at least nominally by house price).
Anyway, I recall overhearing some American woman explaining to an Australian that no-one paid tax in America except the wealthy. Krugman offers this graph in contradiction.
And in news just to hand Bill O’Reilly and Glenn Beck explain why George Soros and Paul Krugman are trying to destroy the US economy (so they can install socialism obviously enough). Glenn Beck also explains why oil prices have gone up against the dollar – the reason paradoxically is that they’re pegged to the dollar. Watch, listen and learn, direct from the echo-chamber.
There is no category in Troppo’s catalogue for ‘Conspiracies to destroy the world’ but there should be.