Later On

A blog written for those whose interests more or less match mine.

Strong and important column by Krugman

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The most recent column by Paul Krugman is very much to the point:

Howard Schultz, the C.E.O. of Starbucks, has a reputation as a good guy, a man who supports worthy causes. And he presumably thought he would add to that reputation when he posted an open letter urging his employees to promote fiscal bipartisanship by writing “Come together” on coffee cups.

In reality, however, all he did was make himself part of the problem. And his letter was actually a very good illustration of the forces that created the current mess.

In the letter, Mr. Schultz warned that elected officials “have been unable to come together and compromise to solve the tremendously important, time-sensitive issue to fix the national debt,” and suggested that readers further inform themselves at the Web site of the organization Fix the Debt. Let’s parse that, shall we?

First of all, . . .

Continue reading. Read the whole thing, by all means.

Written by LeisureGuy

30 December 2012 at 9:36 pm

Posted in Business, Government

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