Here’s how I see the reoccurring fundamentals, categorized on leftisfutile.com, applying to the following recent article:
Paul Krugman (August 3 2015). America’s Un-Greek Tragedies in Puerto Rico and Appalachia. Retrieved from http://www.nytimes.com/2015/08/03/opinion/paul-krugman-americas-un-greek-tragedies-in-puerto-rico-and-appalachia.html?_r=0
The REDISTRIBUTION BUSINESS of leftism is a thing of beauty. We see the FUTILE DESTINATION from leadership of leftism unable to know when to stop running “the business” to maintain power and wealth for themselves as shown in the quote below.
Puerto Rico’s fiscal crisis is basically the byproduct of a severe economic downturn. The commonwealth’s government was slow to adjust to the worsening fundamentals, papering over the problem with borrowing. And now it has hit the wall.
The article talks about various other government policies that contributed to the crisis: stopping subsidies in the form of tax breaks, shipping restrictions leading to higher costs, minimum wage set too high relative to productivity.
And then when it hits the wall, the REDISTRIBUTION BUSINESS swoops in to clean up the mess. Redistribution is a sweet business for leadership of leftism and associates. And so leftism is always selling to GROW THE REDISTRIBUTION BUSINESS. YOU NEED THE PIG.
Overall, however, the Puerto Rican story is one of bad times that fall well short of utter disaster. And the saving grace in this situation is big government — a federal system that provides a crucial safety net for American citizens in times of need, wherever they happen to live.
Here we also see the REDISTRIBUTION MORALITY. No matter how corrupt, greedy, lying leftism’s adherents can be, they hope you will allow them to hide their Animal Farm pig attributes, because YOU NEED THE PIG!