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PROGRESSIVE ECONOMICS
In Paul Krugman, we should trust

By Simon Maloy | RAW STORY CONTRIBUTOR

In the first three years of the Bush presidency, we liberals had it tough. We lost the presidency. We had next to no voice in the media, but were still accused of being behind a vast media conspiracy. We had to stand idly by and watch good, honest Americans get sucked into the right-wing noise machine by Ari Fleischer, Sean Hannity, and Bill O’Reilly. We had no outlet, we had no focus, and we had no hero…

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But then, out of the fetid chemical baths of the Garden State, arose a man bearing our standard, who has since taken on the Bush administration and right-wing peddlers of misinformation everywhere. He is a hero; he is a singular point around which all concerned liberals should gravitate; he is… an economist. Paul Krugman has taken the lead role in the fight against the conservative ballyhoo.

He has, since 1999, been chipping in his professional opinion on American economics as an op-ed columnist for The New York Times, and subsequently drawn the ire of right-wing pundits everywhere. But to write about economics is, as my editor put it, pretty boring and dry, so I won’t do it. I will instead show you how Mr. Krugman has significantly widened the scope of his investigations as of late, and, in doing so, become the liberal voice of truth in this season of uncertainty.

Enter the Franken. Mr. Krugman, in expanding his bailiwick, has moved beyond the printed word and taken his message to the airwaves. Of course he is still writing his column and promoting his books, but he is also now a weekly regular on The Al Franken Show on Air America Radio. Krugman fits the show’s profile perfectly. His breadth of knowledge and gravitas simultaneously complement and offset Mr. Franken, who is both remarkably knowledgeable and profoundly silly. Mr. Krugman does, at times, get a few laughs himself, which is a remarkable achievement for a professional economist. The two discuss economics quite a bit, but they also point out the administration’s failings with regard to Iraq, and the threats facing the fairness of the upcoming election. They have also delved into the prevalent media bias in this country, which brings us to what has probably been one of Mr. Krugman’s finest moments.

The Debate Debacle. Sunday, August 7th on CNBC’s Tim Russert: O’Reilly vs. Krugman. The nation’s biggest media blowhard going toe-to-toe with… Paul Krugman. This was an affair for the ages. The controversy over the overt conservative bias in the American media came to a head in the past month with the DVD release of Outfoxed, which laid bare for the first time all the journalistic liberties Rupert Murdoch has taken in his defense of rabid conservatism. As the dewlapped, splotchy face of the Fox News Channel, Bill O’Reilly took quite a bit of umbrage at this. On the July 21st O’Reilly Factor he declared war on the New York Times because of their “defamation” of Fox News, and challenged any Times editor or columnist to a debate. Mr. Krugman stood up.

What followed was one of the more entertaining and informative spectacles ever committed to film. Mr. Krugman came into the “debate” with a menagerie of facts, statistics, and cogent arguments to prove his points. O’Reilly came in with his short fuse and particularly loose neck skin. What followed was a calm, measured performance by Mr. Krugman, who intelligently discussed the Bush tax cuts, the Outfoxed documentary, Fahrenheit: 9/11, and the media distortions of Fox News and Mr. O’Reilly. It should be noted that Tim Russert, though largely uninvolved in the exchanges, was reinforcing the points Krugman brought up. O’Reilly’s responses were typical. He touched on every emotion in his range: smug, indignant, outraged, and acerbically bombastic, and he shifted between them instantaneously. He spat out a bunch of inflated or imagined statistics, and made improper references to 9/11, communists, fascists, Fidel Castro, and the Ku Klux Klan as he shouted over Mr. Krugman. The one moment of this debate that solidified Mr. Krugman’s status as a hero, in my mind, is when he said to O’Reilly, “This is not your show, you can’t cut my mic.”

By widening his scope of criticism to include the war policy in Iraq, the dangers to our electoral system, Bill O’Reilly, and the rest of Fox News, Mr. Krugman has done what no other liberal in the media has managed to do. He has become the apotheosis of intelligent, progressive commentary. Others have tried, but they have been hesitant or unable to do so. Michael Moore has done his best, but he has been hampered by his extreme ideologies and conspiracy theories. Al Franken has made significant inroads, but not everybody is willing to take a comedian seriously.

Paul Krugman does not suffer these detractions. He is a widely respected intellectual who bases his ideas on extensively researched evidence, and who comports himself in a manner that is determined and defiant, but measured and respectable at the same time. It is therefore very difficult to dismiss him as a wacko or a smear artist. In thrusting himself to the media forefront, he is quietly emerging as the strongest voice in defense of liberalism, and as its most potent weapon against the deceptions of the right.

 



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