>>http://www.nytimes.com/2016/04/18/opinion/robber-baron-recessions.html
>>
>>Caveat:
>>Paul Krugman is a Princeton economist. One of the pre-requistes Princeton lays down for its economists (Ben Bernanke is another one) is that they never admit that they were wrong. Krugman not only follows that rule- he embraces it.
>>
>>That said, Krugman makes some persuasive points here.
>
>yupp, had been nodding to myself on significantly more points than on the typical article arguing for more spending in the EU ;-)
>
>And then:
>
>"The obvious next question is why competition has declined. The answer can be summed up in two words: Ronald Reagan."
>
>not even trying to reason about why Reagan is top of the list for him - just postulating it.
>Just another religious argument from then on ;-)))
Reagan started it but Krugman omits some important facts (he does that often)
Clinton not only didn't stop it, he accelerated it.
The only exception was the Microsoft anti-trust suit that was initiated during the Clinton administration.
Bush did nothing.
Obama has also been weak here. He talks about increasing competition but takes money from the cable companies.