sadomonetarism
an original paul krugman coining: a groundless economic strategy that explains the nature of the austerians wherein said austerians have thrown -n-lysis out the window in favor of a peculiar form of wishful thinking. what’s peculiar about this wishful thinking is that it doesn’t consist of fantasies about the existence of easy, painless solutions; it consists of fantasies about the absence of easy solutions, even when the evidence says very clearly that such solutions exist. instead of a weak-minded search for pleasure without pain, it’s a search for reasons to inflict pain regardless of the actual economic situation.
sadomonetarism is: curtailing spending on food stamps for the needy.
sadomonetarism is: curtailing unemployment insurance for those seeking employment.
sadomonetarism is: curtailing access to help with health costs.
sadomonetarism is: curtailing spending on the needy generally.
sadomonetarism is: i got mine. you’re on your own, jack.
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