In which I agree with Krugman


Hey, it happens….

When women suffer

Forget the poor guy who just lost his job. The real problem is the terrible pressure to provide for the family this now puts on his working wife!

When she first heard the news, “there was a sinking in the pit of my stomach — and tears,” she says. “It was just devastating. It’s completely outside your power, and now you’re responsible for the entire family,” says Janosek, who like many wives who work, brought in roughly one-third of the family’s income but is now the principal breadwinner. “You worry about losing everything. It’s just overwhelmingly scary — and there are no resources for spouses.” Janosek was able to increase her work hours, and her husband now has some contract work, which has helped — but it hardly solves the problem. “I am still angry about it,” she says.

Stories like this demonstrate what a complete crock the whole equality charade is. Why in the name of Betty Friedan should anyone feel any sympathy whatsoever for a married woman suddenly being handed the same responsibility borne by most married men throughout the entire history of civilization?

It’s rather like the classic joke about The New York Times headline about the world ending: Women and Minorities To Suffer Most.

OECD: Nearing the Bottom

From the World Economic Outlook: Preliminary Edition

OECD activity now looks to be approaching its nadir, following the deepest decline in post-war history. The ensuing recovery is likely to be both weak and fragile for some time. And the negative economic and social consequences of the crisis will be long-lasting. Yet, it could have been worse. Thanks to a strong economic policy effort an even darker scenario seems to have been avoided.

The next six months will make for a nice test of neo-Keynesian contra-cyclical doctrine. According to the same mainstream economists who didn’t see it coming in the first place, the various stimulus packages concocted by the US, EU, Japanese, and Chinese governments are just about to take effect and return the global economy to delicate, but definite growth. Needless to say, I don’t buy it, but we after the next few weeks of correction we should see another wave of positive emotion during the summer doldrums that will take us to the fall. That’s when it promises to get interesting.

It’s also worth noting something that everyone seems to have conveniently forgotten. Obama’s was the second stimulus package. The one presently under whispered discussion would be the third.

Mailvox: Senator Franken

After lamenting the lack of recently deceased freak show coverage on this blog, Witrack wonders if I have any interest in the living versions:

Are you going to comment on Al Franken now being a United States Senator?

I don’t really have much to say about it, except that I recently received an email from Chad the Elder of the Fraters Libertas, who reminded me that I was sufficiently familiar with the fragile Minnesota psyche back in May 2004 to know that the ex-comedian’s candidacy was no laughing matter:

I’d like to luxuriate in the joys of what Jonah Goldberg calls Frankenfreude as Air America loses executives and misses payrolls. But that’s not possible now that Alice is bruiting about the idea of running for the Senate. In any other state, that might be laughable, but not in Minnesota. It’s the one state where he could actually win. Do the words “Gov. Jesse Ventura” ring a bell?

First, Minnesota is one of the most reliably leftist states in the country. Second, the Star & Sickle, otherwise known as the Star Tribune, already loves Alice to distraction. Third, never underestimate the desperate Minneapolitan appetite for celebrity. You can’t appreciate the meaning of trying too hard until you’ve read a local columnist hyperventilating over Minneapolis being compared to Des Moines instead of Paris. Fourth, Paul Wellstone. It could happen. And frankly, socionomics appears to predict it. I can’t think of anyone, short of the Lizard Queen herself, better suited to help that grand supercycle wave get rolling.

That last sentence is rather fortuitous, seeing as how it’s turned out to be Franken who gives the Senate Democrats a filibuster-proof majority, enabling Obama to torch the economy at will with an increasingly expansionary fiscal policy.