Thursday, February 19, 2004

Whiny White Bastards

Saw this a couple of days ago on C-Span:

Mankiw Defends Rationale Of His 'Outsourcing' Comments

Embattled administration economist N. Gregory Mankiw today defended comments he made last week praising the movement of jobs overseas as ultimately beneficial to the U.S. economy. "Economists and non-economists speak two different languages," Mankiw, chairman of President Bush's Council of Economic Advisers, told the National Economists Club. Republicans, including House Speaker J. Dennis Hastert, R-Ill., joined Democrats in blasting Mankiw last week for calling outsourcing of jobs a "new way of doing international trade." Mankiw subsequently apologized, but repeated his rationale for the comments today. He said the economic gains realized by trade that has sent some jobs overseas "can cause painful dislocations for some workers and their families." But erecting trade barriers or otherwise moving toward economic isolation is a step in the wrong direction, Mankiw said. "It's important to harness the forces of change for the betterment of all Americans," he said. And he insisted, "Creating an environment for robust job creation is a paramount goal of the president and his economic team."


"...painful dislocations for some workers and their families." Sounds like compassionate conservatism in a nutshell. Why is it that the only people who 'accept' this shit are folks who've NEVER had to face a week or so of living off the change in the jar, buying a bag of lentils, a clove of garlic, and a small bag of rice to subsist on till payday?

Yeah, I can think of a few painful dislocations I'd like to see happen to Gregory Mankiw--starting with the the nose he balances his little punk eyeglasses on...

No comments:

Post a Comment