News

Krugman defends Bernie Sanders’ wealth, he says, shows “civic virtue”

in the vicinityVideoWhy not Bernie Sanders to admit that he is a capitalism success story?

New York Times opinion columnis Paul Krugman– who once called Sen. Bernie Sanders’ economic policy “destructive gluttony” – is now praising the leading to 2020, a candidate for the “civic virtue”, because he is in favour of his policy, in spite of his wealth.

Krugman, Nobel-prize winning economist, offered a defense of Sanders on Thursday after the revelation that the senator was part of America’s one percent, thanks to his 2016 presidential campaign, propelled him to national fame and fortune.

BERNIE SANDERS RELEASED 10 YEARS OF TAX RETURNS; DEMOCRATIC SOCIALIST $560G IN 2018

“A strange Chapter in the 2020 presidential election ended on Monday, when Bernie Sanders pulling, after months of foot, at last his tax released statement,” Krugman wrote, calling the submissions “completely harmless.”

He said that, while it seems that “Sanders has a lot of book royalties to the 2016 campaign, and was afraid that revealing this fact would be the production of headlines mocking him now as part of the 1 percent,” he should not hide his wealth.

“Politicians who support the policy, collect their own taxes and to strengthen a social safety net, you will probably need to, in order not to be a hypocrite; if anything, they demonstrate their civic virtue,” Krugman wrote, calling such attacks “stupid.”

“Politicians who support the policy, collect their own taxes and to strengthen a social safety net, you will probably need to, in order not to be a hypocrite; if anything, they demonstrate their civic virtue.”

— Paul Krugman

The Senator’s 2018 tax return showed that he and his wife, Jane, earns about $ 550,000, including $133,000 in income from his Senate-salary and $391,000 in the sales of his book “Our Revolution of the future.”

The submissions showed that Sanders was among the top 1 percent of earners in the US earn After the liberal-leaning Economic Policy Institute, families in the USA $421,926 or more a year, are part of this group.

NEW YORK TIMES PAUL KRUGMAN TELLS US PART OF THE ‘NEW’ AXIS OF EVIL’ WITH RUSSIA, SAUDI ARABIA

Krugman is a rare defense of Sanders after his relentless attacks on the Sanders campaign during the election in 2016.

In January 2016 column, Krugman decried Sanders’ idealism, the saying “it is not a virtue, unless it goes along with sober realism,” the Sanders.

“I’m sorry, but there’s nothing to see precious, their values, defeated, because she prefers the happy dreams, hard think about the means and the end. Don’t let idealism veer into destructive self-indulgence,” he wrote.

“I’m sorry, but there’s nothing to see precious, their values, defeated, because she prefers the happy dreams, hard think about the means and the end. Don’t let idealism veer into destructive self-indulgence.”

— Paul Krugman on Bernie Sanders in 2016

In a blog post in the same month, Krugman also Sanders explains’ positions on financial reform and healthcare “disturbing.”

“And in both cases, his positioning is worrying — not only because it is politically unrealistic that we can get the kind of radical revision, which, he suggests, but also, because he has his own version of cheap shots,” he wrote.

CLICK HERE TO DOWNLOAD THE FOX NEWS APP

“Not in the people — he really is a basically decent guy — but, by it comes to simple slogans and punting when the going gets tough.”

Follow us

Don't be shy, get in touch. We love meeting interesting people and making new friends.

Most popular